Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Other-Markets

News on Currency markets such as Rupee, Call money etc.

 
Japanese Yen under pressure as markets eye political shifts
07-Oct-25 14:43Hrs IST

Japanese Yen was under pressure and USD/JPY extended its rally on Monday as the Japanese yen amid political shifts in Tokyo. Reports that Sanae Takaichi ' a pro-stimulus candidate and vocal critic of Bank of Japan (BOJ) rate hikes ' is poised to become Japan's first female prime minister, triggering a broad yen decline and renewed interest in carry trades. The Conservative candidate won the leadership of the ruling Liberal Democrat Party (LDP) and is likely to become Japan's first female prime minister. The USD/JPY jumped 1.5% while Nikkei 225 sharemarket future surged 4.5% in last session. Odds of a near-term interest rate hike in Japan have fallen now, hitting Yen and USD/JPY pair is currently quoting at 150.81, up 0.31% on the day. The pair is at a two-month high right now. On the NSE, JPY/INR futures are down 0.70% at 59.2.

Powered by Capital Market - Live News

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise