Japanese Prime Minister Ishiba resigned on the weekend. Ishiba had been under pressure over big electoral losses ( he lost majorities in both the lower and upper houses of the Diet).
The yen gapped lower in the early hours of Monday here in Asia:
- Yen is off to a weak start with the resignation of Japanese Prime Minister Ishiba
- Monday open levels, indicative FX prices, 8 September ’25. Japan PM Ishiba quit, yen lower
Yen crosses have gained. Screenshot via Bloomberg:
This article was written by Eamonn Sheridan at investinglive.com.