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

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“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.