
The yen opened in Tokyo at about 157.88 to 157.90 per dollar, down 0.03 yen from the prior close, as investors held back ahead of the US midterm vote on November 3. A fall in oil prices and US long-term yields weakened dollar demand, while the euro traded near 1.1186 dollars.
Lower oil prices and softer US yields reduce dollar strength, a modest tailwind for dollar-priced commodity imports in yen terms, with limited direct effect on feed prices.
Not enough comparable past events yet for a historical read.
After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.
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.