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Yen Slides Post-Election, Pound and Dollar Lift

A landslide election victory by Japan's Liberal Democratic Party increased the odds of aggressive stimulus action by the Bank of Japan and sent the yen tumbling. [CNBC]

The dollar rose sharply on Japan's election results on expectations of aggressive monetary stimulus from the Bank of Japan. [CNBC]

Hopes for more vigorous monetary stimulus in Japan lifted the Australian and New Zealand dollars. [CNBC]

Euro zone exports fell in October, adding to evidence that economic weakness in the 17-country bloc is continuing, and the euro slipped. [WSJ]

The British pound strengthened, riding its status as a relative safe haven. [economy-news.co.uk]

With interest rates in many developed countries near record lows, finance ministers in Latin American countries are determined to defend against hot money inflows. [CNBC]

The yuan strengthened as traders said the central bank appeared to be winding down efforts to curb the currency's strength. [CNBC]

CNBC