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The yen strengthened as much as 0.6% against the dollar amid a selloff in US technology shares following the US midterm results. CIBC and Nomura strategists said further yen gains were possible if the AI-related equity decline continued, and noted potential support from Japanese investors shifting funds toward domestic assets as the Bank of Japan raises rates.
A stronger yen can reduce the cost of imported feed ingredients for Japanese buyers, but the story is about currency positioning and does not identify a direct commodity-market change.
livemint.comBloombergNov 5, 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.
