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USD/JPY traded near 110.34 in a holding pattern ahead of Chinese manufacturing PMI data. The pair had slid from early December highs near 114 as investors sought safe havens and US yields fell.
Pre-data FX consolidation has little direct effect on feed prices, though weak Chinese PMI readings would signal softer commodity demand.
forexcrunch.comFX StreetDec 31, 2018Not 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.
