Loading…
USD/JPY slipped to daily lows below 113.55 in early Asian trade on October 29, 2021. The dollar was at four-week lows after weaker US GDP and firmer PCE inflation, and the yen was supported by the Bank of Japan holding policy steady.
A softer dollar against the yen is a routine currency move with little direct effect on feed grain or meal prices. It may modestly ease import costs for Japanese feed buyers.
octaafrica.netOct 29, 2021Not 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.
