Yen steadies as Sanae Takaichi starts Japan election campaign
Markets have been on alert for government intervention in currency market
Markets have been on alert for government intervention in currency market

Currency at lowest since July 2024 after finance minister expresses concern over ‘one-way’ weakening

Prime minister has vowed ‘responsible fiscal expansion’ as she heads for an election but needs to convince debt managers

Many expect Sanae Takaichi’s election to mean interest rates will stay low for longer. Don’t count on it

Rises in government bond yields and weakness in the yen could have spillover effects on other markets

Prime minister hoping to consolidate grip on power by winning majority for ruling party

Japan’s finance minister had issued ‘final’ warning to speculators