The Japanese yen weakened against other major currencies in the Asian session on Tuesday, investors are nonetheless concerned about Japan's fiscal health, despite hopes that Japanese Prime Minister Sanae Takaichi will propose additional stimulus to help the economy.
In addition, Japan's poor Q4 GDP growth numbers appear to have dampened anticipations of an early rate increase by the Bank of Japan (BoJ), which appears to further depress the value of the yen.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com