View full page at forexfactory.com

 

Japanese Yen Struggles In Face of Early-Election Reports

From dailyfx.com

•Weekend media reports suggest that Japanese PM Abe is at least open to the idea of a snap election •There’s no official confirmation of these, but reports cite political sources •The Yen is bearing the brunt of uncertainty generated The Japanese Yen is weaker against the US Dollar as a new week gets under way, possibly thanks to widespread reports that Japanese Prime Minister Shinzo Abe is mulling an early election. Abe’s battered approval ratings have bounced back to near 50% in some polls and local media have quoted government and ruling party sources as saying this might be enough to see him go to the country. ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis