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USD/JPY pulled back to the 105.60s on Thursday after a double top at 106.20 on Wednesday. Weaker-than-expected US jobless claims and mixed housing data limited dollar gains ahead of Japanese and US PMI releases.
Short-term yen and dollar moves are routine FX fluctuations with no new cause for commodities, so they carry little direct price implication for feed markets.
octabroker.comFeb 19, 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.
