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MUFG's Derek Halpenny says the yen remains under pressure from structural portfolio and FDI outflows, including NISA-driven foreign equity buying. He suggests USD/JPY may be near a turning point as rate spreads eventually support the yen.
Structural yen weakness is a currency-flow view with no direct effect on feed supply or grain and oilseed prices.
fxstreet.comFXStreet Insights TeamNov 4, 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.
