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Japanese policymakers escalated warnings against sharp yen falls, with the top currency diplomat saying Tokyo agreed to communicate closely with partners on currencies. The explainer covers what currency intervention could look like.
Possible intervention could strengthen the yen and lower import costs for Japanese feed buyers. Uncertainty about timing keeps near-term yen volatility elevated.
reuters.comLeika KiharaMar 29, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
