Tag Archives: Japan elections

Yen weakens after Japan’s conservative party wins elections

Japan’s Prime Minister Yoshihido Noda conceded defeat to incumbent conservative opposition party leader Shinzo Abe after a landslide victory in the polls on Sunday. The Liberal Democratic Party (LDP) won by a large majority, toppling the Democratic Party of Japan (DPJ) from three years of being in power. The hawkish 58-year-old Abe promised a change from more than half a century of almost...

Continue reading...

December 17, 2012 @ 8:00 am

0 Comments

Yen weakens after Japan’s conservative party wins elections

Japan’s Prime Minister Yoshihido Noda conceded defeat to incumbent conservative opposition party leader Shinzo Abe after a landslide victory in the polls on Sunday. The Liberal Democratic Party (LDP) won by a large majority, toppling the Democratic Party of Japan (DPJ) from three years of being in power. The hawkish 58-year-old Abe promised a change from more than half a century of almost...

Continue reading...

December 17, 2012 @ 8:00 am

0 Comments

Dollar keeps strong ahead of fiscal cliff talks

The U.S. dollar firmed up on Friday as a predominantly risk-off environment put pressure on riskier currencies like euro and sterling. Markets are turning focus to the U.S. "fiscal cliff" negotiations and Tuesday's Eurogroup meeting on Greece. Euro fell against the dollar during the Europe trade to a low of $1.2724 before steadying. There was little in the news headlines and no key...

Continue reading...

November 16, 2012 @ 2:43 pm

0 Comments

Dollar keeps strong ahead of fiscal cliff talks

The U.S. dollar firmed up on Friday as a predominantly risk-off environment put pressure on riskier currencies like euro and sterling. Markets are turning focus to the U.S. "fiscal cliff" negotiations and Tuesday's Eurogroup meeting on Greece. Euro fell against the dollar during the Europe trade to a low of $1.2724 before steadying. There was little in the news headlines and no key economic...

Continue reading...

November 16, 2012 @ 2:43 pm

0 Comments