Japanese government bond (JGB) yields rose to their record highs after Prime Minister Sanae Takaichi secured a landslide victory in Sunday’s snap election to the lower house of parliament, strengthening her mandate to pursue expansionary fiscal policies, including higher government spending and tax relief. While Takaichi has repeatedly emphasized that her stimulus measures will not…
The dollar struggled to bounce back on Wednesday after suffering another round of selling, as fresh comments by President Donald Trump suggested he was comfortable with the currency’s recent decline. The US President’s remarks were further weighed on investor sentiment, keeping the greenback under pressure. At its core, the dollar’s strength rests on confidence —…
Dollar slips for fourth straight day Yen rises above 153 to the dollar Traders on alert for coordinated currency intervention Fed rate decision looms amid worries about independence British pound climbs to highest since October 2021 (Updates to US afternoon) By Saqib Iqbal Ahmed and Sophie Kiderlin NEW YORK, Jan 27 (Reuters) – The US…
