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BOJ governor Kuroda told parliament that no single factor determines currency levels, that yield spreads can influence currency moves, and that BOJ policy does not target exchange rates. He also said current policy is not weakening the yen.
Kuroda's remarks were made against a backdrop of US-China trade talks.
Yen direction affects Japanese import costs for feed ingredients, but the comments signal no policy shift that would move feed prices.
investinglive.comFeb 20, 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.
