# Nomura: The Japanese Yen Could Weaken On Another Abe Win | Exchange Rates UK

> The yen weakened after the dollar rebounded above 112.00 on September 26 and recovered the losses from the prior North Korea-related risk-off move. The article discusses Japan's upcoming snap election and analyst views that Prime Minister Abe is likely to win. Nomura said the risk of Abe's early resignation remains low.

- Date: 2017-09-27 · published 2017-09-27T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/69177-nomura-the-japanese-yen-could-weaken-on-another-abe-win-exchange-rates-uk
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A stable Japanese political outlook supports the current yen trend and steady USD/JPY levels. Currency moves of this kind have little direct effect on feed commodity prices.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/19164/usdjpy-exchange-rate-forecast-prime-minister-abe-win-snap-election.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.