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Japanese Yen seems vulnerable near multi-month low against USD after general election - FXStreet
The Japanese Yen (JPY) drops to a fresh three-month low against its American counterpart during the Asian session on Monday after Japan’s longtime ruling party lost its majority for the first time in 15 years at Sunday's national election.
By: FXStreet
- Oct 29 2024
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- The Japanese Yen weakens in reaction to political development after Sunday’s election.
- The uncertainty over the BoJ’s rate-hike plan weighs heavily on the JPY amid a bullish USD. … [+4655 chars]