US EditionYen Falls Sharply Ahead of Elections, Heads for Fourth Day of Losses
The yen has fallen over 2% since Jan 30 as markets anticipate election results favoring increased fiscal and defense spending by Prime Minister Sanae Takaichi.
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10 Articles
Dollar Surge and Yen Decline Amid Political and Economic Tensions
Dollar Surge and Yen Decline Amid Political and Economic Tensions The dollar's rise against the yen has sparked the yen's fourth consecutive day of decline, setting a tense backdrop ahead of Japan's upcoming elections. This election is projected to fortify Prime Minister Sanae Takaichi's fiscal and defense strategies, influencing currency stability.Global currency markets continue to react to uncertainties surrounding U.S. fiscal policy and glob…
As the yen weakened in late January, the dollar was on the brink of reaching 160 yen, but a rate check, one step away from foreign exchange intervention, put a stop to this. However, following Prime Minister Takaichi's comments, the yen is once again showing signs of weakening. How will the dollar-yen exchange rate move after the general election?
The yen also suffers from the "generalized rebond of the dollar." The post Yen's withdrawal before the Japanese parliamentary elections appeared first on Les Affaires.
[New York Joint] As of 8:40 a.m. on the 4th, the yen was trading at 156.67-77 yen per dollar on the New York foreign exchange market, down 97 yen from the previous day and strengthening against the dollar. The euro was trading at 1.1812-22 dollars, or 185.16-26 yen. The Liberal Democratic Party is reportedly in the lead in the House of Representatives election.
The dollar strengthened against the yen yesterday, but not against the other major currencies, although positive economic statistics overshadowed concerns about the new partial shutdown of the… The dollar is up against the yen - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
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