
At 10:00 in Tokyo on November 2, dollar-yen traded at 157.79, about 23 sen above the New York close of 157.56, with a high of 157.83. Euro-dollar was flat at 1.1167 and euro-yen rose to 176.21.
Finance Minister Katayama said Japan would respond if markets became disorderly around the US midterm elections.
A firm dollar-yen rate and intervention warnings point to continued yen weakness, which raises the yen cost of dollar-priced grain and oilseed imports. The euro is little changed, so European feed costs are not moving much on currency alone.
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.