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Big Investment Banks Cool on Japan's Yen After Takaichi Win

LONDON :Several large banks said they were closing bullish trade recommendations on the Japanese yen after the country's ruling party on Sunday picked as its leader Sanae Takaichi, whose views on fiscal and monetary policy have unnerved currency investors.  Takaichi was considered to have the most expansi

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Far Right

The hardliner Sanae Takaichi takes over the helm in the LDP and will take over the position of Prime Minister as well. Japan's own iron lady stands for a national conservative course and an expansive fiscal policy. Can she pull the rudder around and lead the kingdom of the rising sun to new strength? Actually, Shinjiro Koizumi, who is considered to be a moderate, had been acted as a favorite for the LDP presidency. However, within the party that…

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  • 57% of the sources lean Right
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Report24 broke the news in on Sunday, October 5, 2025.
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