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In Tokyo trading on November 2, the dollar-yen pair stayed in a narrow 157.45 to 157.83 range as investors held back ahead of the US midterm elections. Month-start position adjustments brought some yen selling, and the euro firmed against both the yen and the dollar.
Japan's October manufacturing PMI came in at 53.3, in line with expectations.
Low FX volatility and a firm euro reduce near-term currency-driven shifts in import costs for feed buyers. Election-related risk-off moves could change dollar strength and therefore dollar-denominated commodity prices.
finance.biggo.comNov 2, 2026Not 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.
