0034 GMT - The yen weakens slightly against most other G-10 and Asian currencies in early trade on the prospect that Japan's ruling Liberal Democratic Party achieves a large victory in the lower-house election on Feb. 8. A survey by a local newspaper has pointed to the possibility of a two-thirds majority for the LDP, CBA's Carol Kong says in a research report. "A strong showing by the LDP will embolden Prime Minister Takaichi to advance her budget stimulus plans, raising the risk of a larger government debt burden and weighing on Japanese government bonds and the JPY," the economist and currency strategist adds. USD/JPY edges 0.1% higher to 155.90 and AUD/JPY is up 0.1% at 109.44, LSEG data show. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

February 03, 2026 19:34 ET (00:34 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.