Weekly FX Market Wrap-Up: Yen Stability in Focus Ahead of Japan Election, Dollar Rally Pauses, and ECB Rate Cut Expectations Evolve
Yen Steadies as Japan Election Draws NearThe Japanese yen held steady around 152 per dollar as markets braced for Japan’s general election this Sunday, where the ruling Liberal Democratic Party (LDP) could face a loss in parliament. This potential shift introduces political uncertainty that could further complicate the Bank of Japan’s (BOJ) normalization process, as […]