Yen slide deepens as Takaichi triumph in Japan election paves the way for more stimulus

In a bold turn of events, the Japanese Yen lost some ground against the US Dollar after Prime Minister Sanae Takaichi’s party achieved a remarkable supermajority. This victory opens the door for increased government expenditure, prompting investors to dissect the impending fiscal plans.

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Gold, silver retreat as dollar ticks up

On Tuesday, both gold and silver experienced a pullback after a recent upward trend. The strengthening U.S. dollar has made these precious metals more expensive