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The yen fell back from a sharp swing after Donald Trump's election win, with the dollar reaching a five-month high above 108.50 yen on Monday. Analysts said the yen could slide toward a February low of 115 on expectations of faster US rate increases.
Expected US rate hikes and a weaker yen support a stronger dollar, which lowers the dollar value of US feed commodity exports and can pressure US prices.
japantimes.co.jpShinichi SaoshiroNov 16, 2016After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
