24.10.2017 • 13:00 GMT
The Land of the Falling JPY Aligns With Big Test for US Economy
JPY drops past 114 per USD after victory helps validate view of gov’t supported JPY weakness
NZD remains weak on new government formation that has similar ideology of Japan
IGCS favors keeping an eye on further EUR strength against weaker FX (e.g., JPY, NZD, CAD)
A stubborn block of JPY strength was removed from the market on Sunday.