
In morning trading in Tokyo on November 2, the yen weakened to around 157.76-157.77 per dollar at 10:00, a 21-sen decline from the prior Friday close, and briefly hit 157.83. Dealers cited dollar buying from importers and trade settlements at the start of the month.
Oil prices remain elevated on Middle East uncertainty, which worsens Japan's trade balance and keeps yen-selling pressure in place. A weaker yen raises the local-currency cost of imported feed grains and meal, which are priced in dollars.
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.