Yen firms as investors gird for political uncertainty

Yen firms as investors gird for political uncertainty

Source: EODHD - https://www.investing.com/news/economy-news/yen-firms-as-investors-gird-for-political-uncertainty-4142821
Published: Jul 20, 2025 8:46 PM

By Ankur Banerjee SINGAPORE (Reuters) -The yen firmed on Monday after Japan’s ruling coalition lost its majority in the upper house as investors braced for a period of policy paralysis and market tumult in the world’s fourth-largest economy ahead of a deadline on tariff negotiations with the U.S. The Japanese markets are closed for the day leaving the yen as an indicator of investor angst. Prime Minister Shigeru Ishiba’s Liberal Democratic Party returned 47 seats, short of the 50 seats it needed to ensure a majority in the 248-seat upper chamber in an election where half the seats were up for grabs. The yen firmed to 148.32 per dollar in early trading, staying close to the 3-1/2-month low it...

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