The yen’s performance next week will be affected by Japanese parliamentary elections and the Bank of Japan’s policy meeting. Shinzo Abe, the leader of the Liberal Democratic Party, which is slated to win a majority, has said the central bank should use unlimited easing measures to achieve a 2% inflation target. The prospect of an LDP victory in snap elections Sunday has left the yen roughly 5% weaker against the dollar since mid-November. “The Japanese election is one of the most important themes for the foreign exchange market because of the [likely] policy changes from the Bank of Japan,” said Vassili Serebriakov, ... (full story)