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USD/JPY recovered toward 105.75 on Monday after a sharp rejection from 107.00 the previous week. Better-than-expected Chinese PMI data supported risk appetite, and yen weakness reflected expectations that Japan's next leader would continue Abenomics.
This is routine currency market commentary driven by risk sentiment and has no direct supply or demand effect on feed commodities.
octaafrica.netAug 31, 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.
