Yen Rises Amid Setback in Japan’s Upper House Elections

Yen Rises Amid Setback in Japan’s Upper House Elections
Yen Rises Amid Setback in Japan’s Upper House Elections
  • +
  • -
The Japanese yen rose during early Monday trading after the ruling coalition in Japan lost its majority in the House of Councillors. Investors braced for a period of political gridlock and market volatility in the world’s fourth-largest economy, just ahead of a critical deadline for U.S. tariff negotiations.اضافة اعلان

Japanese markets were closed today, leaving the yen as a key indicator of investor sentiment. Early trades suggest markets had largely priced in the election results.

The yen stabilized at 148.46 against the U.S. dollar, remaining close to its three-and-a-half-month low recorded last week due to growing investor concerns