Yen Skittish; Nikkei Jumps On LDP Landslide -- Market Talk

Dow Jones

02/09

2326 GMT - Nikkei futures are up 3.8% in response to the emphatic LDP election win in Japan on Sunday. Meanwhile, the yen is very skittish with USD/JPY briefly dipping under 157.00 but now back to 157.60. Japan's Finance Minister Katayama will no doubt try to jawbone the FX market in order to keep a floor under yen, says Sean Callow, FX analyst at ITC Markets. (james.glynn@wsj.com; X @JamesGlynnWSJ)

(END) Dow Jones Newswires

February 08, 2026 18:26 ET (23:26 GMT)

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Meanwhile, the yen is very skittish with USD/JPY briefly dipping under 157.00 but now back to 157.60. Japan's Finance Minister Katayama will no doubt try to jawbone the FX market in order to keep a floor under yen, says Sean Callow, FX analyst at ITC Markets. 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(james.glynn@wsj.com; X @JamesGlynnWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 08, 2026 18:26 ET (23:26 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}