
The yen weakened to ¥158.47–48 per dollar in early Tokyo trading after US October payroll growth exceeded expectations and prior months were revised higher. The unemployment rate also improved, prompting markets to strengthen expectations for another Federal Reserve rate increase in December; the yen also fell against the euro, while the euro weakened against the dollar.
Stronger US data and higher expected US interest rates support the dollar relative to the yen and euro. Continued dollar strength could raise the local-currency cost of dollar-priced feed imports for buyers in Japan and other importing markets.
Not enough comparable past events yet for a historical read.
After 15 past bearish report events, Euro (USD per EUR) moved a median +0.0% over 5 sessions (60% higher; middle half -0.6% to +0.4%), and -0.0% over 20.
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.