Japanese Yen Falls To New 24-Year Low After Elections

<p>There is continued strength in the U.S. Dollar (/DX). "Our rate trajectory is so much stronger than the rest of the world. Given the resignation of Boris Johnson last week, there could be uncertainty in the Bank of England. The U.S. Dollar has positive risk premium in it, which means that if it becomes negative, we will see an enormous correction. Japan continues to be a net seller of foreign bonds. This issue is weighing on the Japanese Yen currency," says Larry Shover.</p><p><br></p>