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Bloomberg reported on August 14, 2018 that the Bank of Japan's forward guidance, which signals rates will stay extremely low for an extended period, has made the dollar-yen carry trade more attractive. The gap between US and Japanese policy has become more prominent as a result.
Carry trade flows affect the dollar and yen, which in turn influence the cost of US exports priced in dollars. The effect on feed commodity prices is indirect and small.
bloomberg.comMasaki KondoAug 14, 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.
