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The dollar-yen rate rose slightly to around 107.93 after reports of a possible US-China trade truce, but the yen has gained more than 4% over two months. The article forecasts further declines toward 105 and possibly 100 as global sentiment deteriorates.
A sustained weaker dollar against the yen would ease pressure on dollar-denominated commodity prices. The forecast is a market view rather than a new driver of supply or demand.
exchangerates.org.ukElaine HoustenJun 27, 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.
