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The dollar-yen pair traded in a narrow range of 157.89 to 157.96 in thin Tokyo trade on November 3, a market holiday in Japan. Traders held back from aggressive buying or selling while awaiting the outcome of the US midterm elections.
With no clear driver, FX moves are muted, and the pending US midterm result is the next catalyst for the dollar. Currency swings affect the yen-denominated cost of imported feed ingredients and US dollar-priced commodities.
zaikei.co.jpNov 3, 2026Not enough comparable past events yet for a historical read.
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.
