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Intraday Market Thoughts

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Yen Hit Ahead of Another Japan Regime Change

by Ashraf Laidi

Nov 14, 2012 17:31

Japanese PM Nodas indications that he could dissolve the House of Representatives on Friday if the opposition agreed to plans to reduce the number of seats and to lower lawmakers salaries weighed on the yen across the board. Wat it means for JPY pairs and why? http://www.cityindex.co.uk/market-analysis/market-news/2218442012/yen-hurts-ahead-of-another-regime-change/

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