Home
News
默认头像

USD Gains 2% versus JPY After Japanese Election Results

2024-06-22OANDAOANDA
The dollar jumped 2% against the Japanese yen on Monday, putting it on track for its largest one-day gain since late January, after a landslide electoral victory by Japan’s ruling Liberal Democrats was seen as increasing the chances of more stimulus. Also, speculation swirled that the Bank of Japan could soon move to weaken the […]

The dollar jumped 2% against the Japanese yen on Monday, putting it on track for its largest one-day gain since late January, after a landslide electoral victory by Japan’s ruling Liberal Democrats was seen as increasing the chances of more stimulus.

Also, speculation swirled that the Bank of Japan could soon move to weaken the yen by selling a large quantity on the open market, after Reuters reported that former Federal Reserve Chairman Ben Bernanke visited the BOJ over the weekend.

Disclaimers

The article is sourced from oanda with the original source credited. The views expressed herein are not affiliated with FXOR; readers are encouraged to approach the content rationally. Copyright belongs to the original author. If unintentional infringement upon media or personal intellectual property rights has occurred, please contact us, and we will promptly remove the content. FXOR merely provides information storage services. The article is compiled and released by FXOR; reprints must indicate the original source.