Suddenly, Japanese Prime Minister Ishiba announced his resignation. There is no doubt that this will have a major impact on the market.

Although reported the outlook for a weaker dollar last week, Europe was not bought in the wake of France’s government liquidation and the U.K.’s sovereign debt plunge, and only U.S. Treasuries fell (prices rose).
The dollar was not bought by the Japanese economy due to the lack of clear statements from Governor Ueda at Jackson Hole, and it looked more like an upside move, not a downside move, due to the weakness of the Japanese economy.

If Japan becomes a political situation and Ms. Takaichi is next in line, the yen will weaken due to his past statements that “raising interest rates is stupid”.
In the end, there is no reason to buy the dollar, the euro, or the yen, and the relative strength of the economy will continue in the direction it has been going. As for the Japanese economy, the direction is toward stagflation.

I can’t stop talking about the LDP Diet members’ economic incompetence.
I wonder how long they will continue to do this.