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In afternoon Tokyo trading on November 3, the dollar-yen held near 157.80 with little movement. Thin trade during the Tokyo market holiday and uncertainty before the US midterm elections kept the pair range-bound.
Crude oil fell sharply from the prior day, but doubts about Middle East stabilisation limited dollar selling.
Oil's swings feed into Japan's import bill and the yen's direction, which affects the yen cost of dollar-priced feed grains and meal. With no firm yen trend, the near-term effect on feed import costs is limited.
jp.investing.comNov 3, 2026Not 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.
