TechFlow news, January 12 — According to Jinshi Data, analysts at Metzler Asset Management stated in a report that Japan's domestic political situation is once again putting pressure on the yen. Sources said Prime Minister Sanae Takaichi is considering dissolving the House of Representatives, which could trigger a new general election in February. Analysts noted that although the ruling Liberal Democratic Party currently holds slightly fewer seats than the absolute majority required in the lower house, opinion polls suggest it could gain more seats in a fresh election. "Market participants may worry this could lead the government to adopt further measures to suppress prices, reducing the likelihood of Bank of Japan rate hikes and thereby exerting downward pressure on the yen."
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