October 28, 2024 at 12:32AM
The yen is continuing to lose ground, with USD/JPY back to its earlier high.
Japan’s Nikkei has jumped, up nearly 2%.
The weaker yen / higher Japan stocks relationship is holding for now.
Earlier:
Japanese ruling coalition loses majority in election; USD/JPY reacts with volatility
Nikkei, hourly candles:
This article was written by Eamonn Sheridan at www.forexlive.com.
Weaker yen = stronger Nikkei relationship holding so far – Monday October 28 2024
