Japanese Yen remains depressed as fiscal concerns weigh on BoJ outlook

Japanese Yen Weakens to Two-Week Low as Fiscal Concerns Dominate Market Sentiment

On Monday, the yen continued to lose value—that makes seven days in a row—hitting a recent low when traded during Asia market hours versus the dollar. Investors are uneasy; new Prime Minister Sanae Takaichi might boost government spending while holding off on controlling inflation, which worries people about how stable Japan’s finances will be. Japan’s […] The post Japanese Yen Weakens to Two-Week Low as Fiscal Concerns Dominate Market Sentiment…

Japanese Yen remains depressed as fiscal concerns weigh on BoJ outlook

The Japanese Yen (JPY) recovers slightly from an over two-week low touched against its American counterpart during the Asian session on Monday following the release of stronger domestic data.