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USD/JPY pared daily losses on Tuesday and was trading near 109.94, with the dollar index below 92.50. Rising US Treasury yields helped the pair recover, and traders awaited US consumer confidence data.
Currency moves of this size have little direct effect on feed grain prices, though a firmer dollar can modestly weigh on US commodity export competitiveness.
octaafrica.netAug 31, 2021Not enough comparable past events yet for a historical read.
Not 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.
