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The yen rose as the dollar weakened during Japan's extended Golden Week holiday, with the dollar index falling 0.4% to 97.4. USD/JPY slipped to around 111.3 ahead of the Federal Reserve decision, which was expected to leave rates unchanged.
A weaker dollar index generally supports dollar-denominated grain and feed prices, though the move is a routine currency fluctuation with limited effect on feed supply or demand.
economies.comRami HaddadApr 30, 2019Not enough comparable past events yet for a historical read.
Not 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.
