Yen Sinks on Japan’s Election Uncertainty, Eyes Turn to BOJ
The yen tumbled to a nearly three-month low, slipping as much as 1% to 153.88 per dollar on Monday, after Japan’s ruling coalition missed securing a majority in parliament. The unexpected election outcome, resulting from Prime Minister Shigeru Ishiba’s snap election gamble, has spurred concerns over potential political instability and dampened hawkish expectations for the Bank […]
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