Loading…
USD/JPY dropped to a fresh weekly low near 111 on August 31, 2018, as risk aversion over the US-China trade dispute lifted the yen. The article also discusses ABN AMRO's view that the Bank of Japan is likely to let the 10-year JGB yield move more freely, a gradual policy shift often called a stealth taper.
Yen strength reflects broader risk sentiment and monetary policy expectations rather than farm fundamentals. For feed buyers, the impact runs only through the dollar and trade tensions, not through direct supply or demand changes.
exchangerates.org.ukFrançois AuréAug 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.
