Japan’s political shake-up pressures yen to three-month low

Quick Summary:

SINGAPORE, Oct 28 — The yen touched a three-month low today as Japan’s ruling coalition lost its parliamentary majority...

The week ahead is crowded with data, with inflation readings for Europe and Australia, gross domestic product data in the US and purchasing managers’ indexes for China.

On the dollar, the yen hit its weakest since late July at 153.3 in early-morning trade and it touched the same milestone at 165.36 to the euro.

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Category: EconomyBusiness

Markets: MalaysiaAustraliaChinaJapanMaliNew ZealandSingaporeUkraine

Topics: Japan elections Us dollar Yen Forex LDP

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 09:30:44 (5 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 436 words

Reading Time: 3 minutes read

Sentences: 18 lines

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Copyright Owner: © Malay Mail

News ID: 23367116

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