Takaichi’s Victory Sparks Yen Sell-Off: USD/JPY Soars on Political Uncertainty and Policy Outlook
Sanae Takaichi’s rise within Japan’s LDP signals continued aggressive fiscal stimulus and ultra-loose monetary policy. The yen weakened vs. the dollar, pushing USD/JPY above 110 as forex markets price in sustained BoJ easing. Traders should watch for ongoing JPY softness amid these dynamics. Originally reported by Joe Manimbo, Convera.