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The Japanese yen gained on Thursday, with USD/JPY trading at 111.48, down 0.41% on the day. The yen had previously posted six straight losing sessions and fell about 2%.
USD/JPY had traded above 112 on Wednesday for the first time since February.
A firmer yen slows dollar strength, which can ease pressure on dollar-priced commodities. Currency moves of this size have limited direct effect on feed grain prices.
noortrends.aeMohamed AbdelhamidSep 30, 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.
