
A Bloomberg video segment discusses whether the dollar's advance against the yen will continue. It notes the yen's worst month since 2009 and a consensus expectation of a stronger dollar in the coming year.
A consensus call for a stronger dollar points to continued pressure on dollar-priced feed commodities and a weaker yen that affects Japanese feed import costs.
After 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.