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The yen rose against most major currencies on Friday as risk appetite faltered and safe-haven demand grew. Commentary said the Bank of Japan was preparing for possible currency intervention, and USD/JPY was rejected near 104.
Safe-haven flows and BoJ intervention talk are currency-market moves with no direct feed-commodity mechanism, so the price implication for feed buyers is negligible.
poundsterlinglive.comJames SkinnerDec 18, 2020Not 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.
