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The yen rebounded from a three-week low against the dollar on August 27, 2018, with USD/JPY at 111.07. Fed Chair Powell had called for further gradual rate hikes at Jackson Hole, and markets were awaiting a second-quarter US GDP revision.
Dollar moves tied to Fed policy shape the cost of dollar-priced feed ingredients for importers. The direct effect on feed prices in this session is small.
economies.comRami HaddadAug 27, 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.
