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