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The dollar fell against the yen after a benign US producer price reading reinforced expectations of Federal Reserve rate cuts. The yen was at a seven-week high against the greenback, with US election uncertainty cited as a factor.
A firmer yen against the dollar makes US commodity exports relatively more expensive for Japanese buyers, a mild bearish signal for dollar-priced feed.
cnbc.comReutersSep 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.
