Yen Sinks on Japanā€™s Election Uncertainty, Eyes Turn to BOJ 1

Yen Sinks on Japanā€™s Election Uncertainty, Eyes Turn to BOJ

Market Outlook /

The yen tumbled to a nearly three-month low, slipping as much as 1% to 153.88 per dollar on Monday, afterĀ Japanā€™s ruling coalition missed securing a majority in parliament. The unexpected election outcome, resulting from Prime Minister Shigeru Ishibaā€™s snap election gamble, has spurred concerns over potential political instability and dampened hawkish expectations for the Bank […]

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