Oct 23 2017

Japan Election 2017: Dollar/Yen Hits 3 Months High as Ruling Party Wins

Japan’s stocks closed higher on 15th consecutive day following the win of Japan’s ruling party in elections. The Dollar hits 3 month high against the yen on Monday.

Abe’s Liberal Democratic Party-led (LDP) coalition secured a two-thirds “super majority” after winning 312 out of 465 seats, according to media reports.