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The Bank of Japan held its policy rate at 1.25% by an 8–1 vote, with board member Hajime Takata dissenting in favour of an immediate hike to 1.5%. The BoJ said core inflation has reached its 2% target, and the yen rose for three sessions as safe-haven demand grew after weak tech earnings and global asset managers returned to Japanese bonds.
USD/JPY began the week near 157.48.
Expectations of a December BoJ hike support the yen and lower the local-currency cost of dollar-priced feed imports into Japan. A firmer yen would reduce pressure on Japanese feed buyers.
investing.comAndrey GoilovNov 2, 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.
