Japanese election take a big hit, USD/JPY Falls Below 100 Again After Japanese Election, Following the Japanese upper-house election over the weekend, the US dollar has once again fallen below 100 against the Japanese yen, going worsen
On previous news before, As expected, the party of Prime Minister Shinzo Abe (the LDP) one big in upper house elections. But there's a little bit of talk that maybe they could have done slightly better (they didn't win an outright majority, and will have to be part of a coalition). Or perhaps the big victory was totally priced in.
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