The usa election assets "earthquake", is the yen taking the lead?
The current volatility index of the US dollar against the Japanese yen has soared to its highest level since early August. Analysis indicates that if Harris wins, the yen will strengthen, and the US dollar against the Japanese yen may test the 150 level; on the other hand, if Trump wins the election, it will temporarily boost Japanese stocks and suppress the yen, with the US dollar against the Japanese yen potentially breaking through 155 or even 160.
The yen is expected to be the first to turn around! The Japanese market is the most watched during the US election vote counting period.
The yen will be the first asset among many Japanese assets to shift due to the Usa election. Harris winning may accelerate the Fed rate cut, testing the yen at 150; Trump winning will support the Usa economy, with the yen possibly falling to 160.
Mitsubishi UFG's Outlook on The Canadian Dollar
Express News | Ren Hongbin met with the visiting delegation from japan Business Federation.
Japanese Yen Appreciates Despite Limited Liquidity, Eyes on US Presidential Election
Yen Strengthens Amid High Implied Volatility -- Market Talk