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The US dollar rose to a two-month high of 114.29 yen against the yen on July 10 as the Bank of Japan reiterated its pledge to keep JGB yields near zero. The move reflected the widening gap between US and Japanese bond yields.
The divergence in central bank policy affects currency flows rather than feed supply or demand, so the link to feed commodity prices is weak.
scmp.comReutersJul 10, 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.
