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The yen gained against the US dollar, with USD/JPY near 158.25, as Bank of Japan meeting minutes indicated support for further rate increases. US October payrolls rose by 165,000 and unemployment fell to 4.1%, strengthening expectations of a Federal Reserve rate hike in December.
The prospect of tighter US policy supports the dollar, while expectations of BOJ tightening support the yen; the competing rate outlook is driving currency volatility that can affect import costs for feed buyers.
fxstreet.comLallalit SrijandornNov 9, 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.
