USD/JPY flows: Takaichi weighs early election

It was reported on late Friday that Japan's PM Takaichi is considering calling a snap election. And we have more information on Monday on LDP lawmakers expect possible Lower House dissolution in late January. When asked about it, Takaichi reverted to priority being benefits of economic policy and measures aimed at curbing rising prices for Japanese household. It is worth noting that LDP coalition partner Komeito seems to be against the plan.

USD/JPY opened higher and remain trading 0.13% higher at 158.12.