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The yen traded near 158 per dollar as former Bank of Japan chief economist Seisaku Kameda predicted a rate increase in December, followed by roughly quarterly hikes toward 2%. He said persistent market volatility or a severe U.S. downturn linked to an AI collapse could disrupt that path, while the BoJ's official outlook described further tightening as conditional on economic and financial developments.
If Japanese rates rise, the yen could strengthen against the dollar, reducing the local-currency cost of imported feed for Japanese buyers; the forecast remains uncertain and is not an official commitment.
fxnews.aiFXNews News DeskNov 6, 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.
