
The yen weakened toward 158 per dollar on Monday, ending a three-day winning streak despite verbal warnings from Finance Minister Satsuki Katayama. The BOJ kept its rate at 1.25% last week but signalled underlying inflation had reached its 2% target, leaving a possible December hike in view.
Safe-haven demand for the yen also eased as a tech stock selloff began to fade.
A firmer dollar and weaker yen raise the cost of dollar-priced feed imports for Japan and can pressure US grain and feed prices. The yen's direction is likely to hinge on the BOJ's December decision and Japanese wage data.
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.