Japanese Prime Minister Sanae Takaishi announced plans to dissolve parliament on January 23 and call early general elections on February 8, according to Reuters.
Speaking before the formal dissolution of Parliament, Takaichi outlined a policy agenda focused on easing fiscal constraints, boosting domestic demand and enhancing economic resilience.
Key takeaways
Being almost entirely dependent on the supply of important minerals, drug ingredients in some countries involve significant risks.
Strategic fiscal spending will increase employment and household income, leading to higher tax revenues.
My government will put an end to excessively tight fiscal policy.
Market reaction
Sanae Takaishi’s comments did not have any major impact on the Japanese yen (JPY), with the USD/JPY pair hovering around the 158.10 level at the time of writing, almost unchanged on the day.
Japanese yen price today
The table below shows how much the Japanese Yen (JPY) has changed against the major currencies listed today. The Japanese yen was the strongest against the US dollar.
| US dollars | euro | GBP | JPY | Canadian | Australian dollar | New Zealand dollar | Swiss franc | |
|---|---|---|---|---|---|---|---|---|
| US dollars | -0.14% | -0.10% | 0.02% | -0.17% | -0.13% | -0.32% | -0.41% | |
| euro | 0.14% | 0.04% | 0.15% | -0.03% | 0.00% | -0.19% | -0.26% | |
| GBP | 0.10% | -0.04% | 0.13% | -0.06% | -0.03% | -0.22% | -0.30% | |
| JPY | -0.02% | -0.15% | -0.13% | -0.20% | -0.16% | -0.36% | -0.44% | |
| Canadian | 0.17% | 0.03% | 0.06% | 0.20% | 0.04% | -0.15% | -0.24% | |
| Australian dollar | 0.13% | -0.01% | 0.03% | 0.16% | -0.04% | -0.20% | -0.27% | |
| New Zealand dollar | 0.32% | 0.19% | 0.22% | 0.36% | 0.15% | 0.20% | -0.08% | |
| Swiss franc | 0.41% | 0.26% | 0.30% | 0.44% | 0.24% | 0.27% | 0.08% |
The heat map shows the percentage changes in major currencies versus each other. The base currency is chosen from the left column, while the counter currency is chosen from the top row. For example, if you select the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent the Japanese Yen (base)/US Dollar (quote).
