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The yen rallied against the dollar and euro on January 3, 2019, as investors sought safe-haven assets after Apple's sales warning deepened concerns about a Chinese and global slowdown. The dollar fell about 0.95% to 107.84 yen.
The yen had gained more than 5% over five weeks.
A stronger yen and weaker dollar shift the dollar-denominated cost of commodities for Japanese buyers and can modestly ease dollar-based commodity prices. Risk-off moves tied to China growth worries also weigh on demand expectations for feed inputs.
cnbc.comReutersJan 3, 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.
