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The yen weakened to 158.30 per dollar as WTI crude rose to the mid-$98 range after US strikes on Iran's Qeshm Island. US 10-year yields also edged up toward 4.93%, and the dollar firmed against the yen and euro.
A stronger dollar and higher crude raise the cost of imported feed inputs and freight for Japanese buyers, while energy-driven dollar strength can weigh on dollar-denominated grain prices.
traderswebfx.jpNov 3, 2026After 487 past bullish macro events, WTI moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.
After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
