January 12, according to Jinshi Data, Metzler Asset Management analysts pointed out in a report that the domestic political situation in Japan is once again putting pressure on the yen. Sources say Prime Minister Fumio Kishida is considering dissolving the House of Representatives, which could trigger a new election in February. Analysts stated that although the ruling Liberal Democratic Party currently holds slightly fewer than the majority of seats in the House of Representatives, polls indicate it may win more seats in the new election. "Market participants may be concerned that this will lead the government to further implement measures to suppress prices, thereby reducing the likelihood of the Bank of Japan raising interest rates, which could put downward pressure on the yen."