The yen gained a little ground earlier:
The market perception is that Takaichi is not a yen positive. That’s becoming more eivdent in the yen rate now:
- USD/JPY is above 150.83
- EUR/JPY on approach to 175.80
Take care with position sizing at this hour. Its still early:
- 9.25 am in Sydney
- 7.25am in Tokyo
- 6.25am in Hong Kong and Singapore
Nikkei futures are stronger.
- while I’m here, ES and NQ are up a touch also
This article was written by Eamonn Sheridan at investinglive.com.
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