Yen eases as dovish Takaichi set to become Japan PM, Aussie gains ...Middle East

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Yen eases as dovish Takaichi set to become Japan PM, Aussie gains
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The yen weakened on Monday as Sanae Takaichi, an advocate of fiscal and monetary stimulus, appeared all but certain to become Japan's next prime minister after reportedly securing crucial political backing for the top job. The safe-haven currency was also hit by an improvement in risk appetite after trade tensions between Beijing and Washington calmed somewhat, and worries about U.S. regional banks also eased. The risk-sensitive Aussie dollar advanced.

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