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The yen rose as much as 0.5 percent to 112.50 per dollar after the Bank of Japan trimmed purchases of long-dated JGBs. Analysts said the move was largely technical but raised speculation that the BoJ could begin unwinding stimulus later in 2018.
Expectations of BoJ tightening support the yen against the dollar, which can ease dollar-denominated input costs for importers. The effect on feed commodities is limited.
thehindubusinessline.comThe HinduBusinessLineJan 9, 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.
