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Dollar Set for Best Week in a Year as Yen Struggles
The yen has been whiplashed after conservative Sanae Takaichi was picked as head of Japan's Liberal Democratic Party, putting her on course to become the country's first female prime minister and ...
TOKYO (Reuters) -The yen's current weakness benefits the economy and the hit to households from rising import costs can be offset by aggressive fiscal spending, said Takuji Aida, an economist advising ...
The euro and the yen were headed for a third straight daily loss against the U.S. dollar, pressured by political turmoil in France and expectations of increased fiscal spending in Japan.
The yen has tumbled since fiscal and monetary dove Sanae Takaichi's victory in a party leadership race on Saturday, setting her on course to become the nation's next premier and stoking concerns she ...
With the yen now at shooting distance from the key psychological level of 155 against the dollar after this week’s market jolt, investors have started to consider how weak the currency must go before ...
Traders' response to news over the weekend that Sanae Takaichi is likely to be Japan's next prime minister has been swift and forceful, pushing the nation's stock market to a new record high.
If the yen slumps toward the key 160 level against the dollar, it could prompt intervention and complicate U.S.-Japan trade relations.
Sterling slipped against a strong dollar but rose versus the euro and the yen on Wednesday, while concerns over the British economy and next month's budget kept investors on edge. The common currency ...
A once-popular currency trade betting against the yen looks set to make a comeback, as Sanae Takaichi’s near-certain elevation to Japan’s premiership raises the prospect of slower interest-rate hikes.
The British pound dipped against the dollar on Tuesday but gained slightly against the euro and yen, which remained under pressure due to political uncertainty and fiscal concerns in France and Japan.
By Gregor Stuart Hunter and Alun John SINGAPORE/LONDON (Reuters) -Politics dominated currency markets on Monday, as the Japanese yen weakened by the most against the dollar in five months as Sanae ...
The politician’s surprise victory in a ruling party leadership vote at the weekend reduced expectations that Bank of Japan may hike interest rates as soon as this month while raising worries about ...
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