And he jumped Yen Friday after Shigeru Ishiba, a former defense minister and critic of extreme monetary easing, won the leadership of the ruling Liberal Democratic Party, which controls parliament and will vote to make him prime minister.
The yen rose in Asian trading to its highest level in a week at 141.75 to the dollar, but Ishiba’s comments limited the rise.
Analysts said that his comments after winning the party leadership were enough to stop the sharp rise in the yen, and that early elections expected on October 27 could affect… Japanese currency At least in the short term.
And he settled down euro At $1.1167, the pound was traded Sterling At $1.3391, with markets awaiting jobs data in the United States on Friday to see the extent of its potential impact on the pace of reducing US interest rates.
Investors are also awaiting the release of data Inflation In the eurozone on Tuesday.
The Australian dollar rose 0.5 percent to the highest level in 20 months at $0.6941, and the New Zealand dollar rose 0.5 percent to the highest level in 14 and a half months at $0.6375.
It pushed a package of stimulus measures approved by Beijing Yuan To the rise last week even with the cut in interest rates, as investors turned strongly to Chinese stocks, which recorded their best week in ten years.
And I crossed Chinese currency Seven yuan to the dollar in external trading on Friday, although it remained at the level of 7.0129 in internal trading on Monday.
