August 14, 2024 at 02:22AM
Media in Japan with the political bombshell news that Japanese PM Kishida will not run for re-election in the ruling party leadership race in September.
By dropping out of the race to remain leader of his party he will step down as premier, local media reported.
The JPY is strengthening a little on the news. USD/JPY is back under 147.00.
This article was written by Eamonn Sheridan at www.forexlive.com.
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