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USD/JPY fell slightly to 104.58 in Asian trade, retreating from four-month highs near October 2020 levels. Markets awaited US jobless claims and the outcome of White House and Congress talks on a $1.9 trillion Covid relief plan.
Yen moves tied to US fiscal stimulus expectations are macro-driven and have no direct supply or demand impact on feed grains or meal.
economies.comRami HaddadFeb 11, 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.
