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USD/JPY fell for a second consecutive day to around 158.80 as stronger-than-expected Japanese inflation data lifted expectations of a Bank of Japan rate hike. The yen also gained against a subdued US dollar.
A stronger yen can lower the local-currency cost of imported feed ingredients for Japanese buyers. The reported move is a currency driver rather than a change in commodity supply or demand.
pipswire.comPipsWire NewsdeskNov 7, 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.
