Loading…
The yen gained as USD/JPY fell to around 157.91, with the US dollar weakening after giving back some of its gains following a stronger-than-expected US jobs report. Lower oil prices eased inflation concerns and US Treasury yields declined, while traders continued to weigh expectations of a December Federal Reserve rate increase against the prospect of further Bank of Japan tightening.
A weaker dollar affects the cost of dollar-priced feed and agricultural commodities for importers, while lower crude prices can reduce energy and transport costs. The exchange-rate and energy moves described are modest market drivers rather than a new supply disruption.
tmgmapac.comVishal ChaturvediNov 9, 2026Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% 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.
