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The Bank of Japan kept rates unchanged and said they would stay frozen until spring 2020 at the earliest. USD/JPY traded near 111.88 as markets reacted to the guidance, with US durable goods and GDP data due later in the week.
The extended BOJ freeze reinforces yen weakness versus the dollar, a currency move that can affect the cost of dollar-priced feed imports into Japan but has limited direct impact on global feed prices.
actionforex.comMarketPulseApr 25, 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.
