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RBC strategists said the Japanese yen remains the preferred haven during geopolitical stress. The article points to escalating rhetoric between the U.S. and North Korea, including U.S. bombers flying beyond the Korean demilitarized zone.
Iran also unveiled a ballistic missile that weekend.
Heightened geopolitical risk pushes capital into the yen and away from the dollar, which can ease pressure on dollar-denominated commodity prices. The effect on feed markets is indirect and small.
exchangerates.org.ukFrançois AuréSep 25, 2017Not 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.
