Landslide DPJ victory pushes Yen up
Author: admin | Published: 31 th August 2009 | RSS | LINK

After 50 years of domination by the LDP, the minority DPJ party finally gains control in Japan. The party claims big changes to Japan, and the market reacted by punishing stocks and rewarding Japanese Yen. USD/JPY has weakened to the 93 figure as of this writing. Among the bigger promises are reduced spending and a [...]

