The yen weakened 0.8% against the dollar to ¥159.06, reversing nearly all of the gains from the U.S.-Japan intervention earlier in the month. Traders remained alert to possible renewed intervention during thin holiday trading, while concerns about increased Japanese fiscal spending weighed on the currency.
A weaker yen raises the cost of imported feed and agricultural commodities for Japanese buyers. The risk of intervention may limit further depreciation, but the immediate exchange-rate pressure is upward for USD/JPY.
Not 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.