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USD/JPY fell about 0.66% to 108.90, its lowest since February, as the dollar posted a second straight weekly and monthly loss. Japanese Tokyo CPI and retail sales data came in weaker than expected.
Yen strength reflects weak Japanese data and safe-haven demand rather than a change in agricultural supply or demand. The move has little direct effect on feed commodity prices.
economies.comRami HaddadMay 31, 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.
