Loading…
Scotiabank analysts said post-French election market tone will drive the yen in the absence of major data this week. They noted yen weakness looks extended relative to yield spreads and implied volatility is remarkably low.
USD/JPY touched 113.
Currency moves shift the relative cost of US exports for Asian feed buyers, but the impact on grain and feed prices is modest.
octaafrica.netMay 8, 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.
