Takaichi Trade Tests Yen Limits, Powell Backed by Global Central Bankers

“Takaichi trade” remained the dominant theme in markets today. Nikkei added nearly 1.5% on the day, pushing to yet another record high as Japanese driven by expectations that Prime Minister Sanae Takaichi’s government will pursue expansionary fiscal policies and pro-growth reforms after the speculated snap election. Yen selloff extended earlier in the session, but momentum
The post Takaichi Trade Tests Yen Limits, Powell Backed by Global Central Bankers appeared first on ActionForex.

“Takaichi trade” remained the dominant theme in markets today. Nikkei added nearly 1.5% on the day, pushing to yet another record high as Japanese driven by expectations that Prime Minister Sanae Takaichi’s government will pursue expansionary fiscal policies and pro-growth reforms after the speculated snap election. Yen selloff extended earlier in the session, but momentum […]

The post Takaichi Trade Tests Yen Limits, Powell Backed by Global Central Bankers appeared first on ActionForex.

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