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The yen fell after the Bank of Japan allowed greater flexibility in 10-year JGB yields and added forward guidance on very low rates. The Canadian dollar weakened after reports that Canada was excluded from US-Mexico NAFTA talks.
Markets awaited US consumer and inflation data.
The policy shift drives currency moves, and the Canadian dollar's weakness on NAFTA exclusion could matter for Canadian canola and feed trade flows. Neither effect is large for feed prices.
actionforex.comKBC BankJul 31, 2018Not enough comparable past events yet for a historical read.
Not 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.
