USD broadly higher; USD/JPY above 114

USD broadly higher; USD/JPY above 114

Pretty much across the board USD strength as Tokyo get well and truly underway and Singapore & Hong Kong entering for the week.

Yen seeing some weakness after Abe's win – more of the same expected from the BOJ and the focus back on developments in the US also. earlier:

  • Japan elections: PM Abe big win
  • What are the implications of the win? Blackrock Investment on Abe's Japan election win.
  • Japan election result – "… as expected … impact (on) yen will likely be limited"

Europe … political gyrations continue in Spain:

  • Puigdemont refuses to accept imposition of direct rule from Madrid

And, in Italy:

  • Italy voting – Lombardy voter 95% in favour or more autonomy

Original Article