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USD/JPY was forecast for the week of Sep 30 to Oct 4 with the dollar up five straight weeks against the yen. Japan's sales tax was set to rise from 8% to 10% on October 1, and Japanese data was weak.
Yen moves reflect risk sentiment and Japanese demand conditions; this is routine currency commentary with little direct effect on feed commodity prices.
forexcrunch.comKenny FisherSep 29, 2019Not 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.
