NEW YORK >> Concerns about the fiscal outlook in Japan sent the yen to a more than seven month low against the U.S. dollar today and political uncertainty in France dented the euro, with traders also focused on any signs of when the U.S. federal government will reopen.

The yen has tumbled since Sanae Takaichi’s leadership victory in Japan on Saturday.

Takaichi, who is expected to become Japan’s next prime minister, has pledged to boost the Japanese economy with aggressive spending and has been critical of the Bank of Japan’s interest rate hikes.

“There’s going to be a period of time where (investors) try and figure out how exactly her policies will affect the currency,” said Lou Brien, strategist at DRW Trading in Chicago.

Money market traders are now pricing in a 26% chance that the B

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