
The yen traded at 158.29–30 per dollar at 10 a.m. in Tokyo, 35 sen weaker than at Friday’s 5 p.m. level, after expectations of another US rate hike supported dollar buying. Japanese exporters’ demand for yen helped narrow its losses.
The Finance Ministry disclosed yen-buying interventions totaling ¥15.3993 trillion on July 30, July 31 and August 3.
A weaker yen raises the cost of imported feed and ingredients for Japanese buyers, while official yen purchases may help limit further currency weakness.
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.