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The yen's safe-haven status is reported to be at risk as pandemic-era global interest rate cuts compress yields across major economies. The article notes the yen is under watch as the dollar weakens on soft US data.
A weaker yen shifts Japanese import costs and currency-hedged buying of US feed commodities, though the link to feed prices is indirect.
reuters.comSep 30, 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.
