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The dollar held near 158.55 yen after the final US October services PMI was revised down more than expected. Traders were also watching the US midterm elections and Iran developments.
Currency moves like this affect the cost of imported feed ingredients for Japan, and a weaker dollar can soften dollar-denominated grain and meal prices in yen terms.
zai.diamond.jp（ザイFX！編集部）Nov 4, 2026Not 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.
