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Yen poised to rise if Japan's cabinet loses more support

Abe's shakeup greeted with quiet on stock, forex markets

TOKYO -- Though Japan's cabinet reshuffle elicited little immediate reaction from the foreign exchange and stock markets here, some observers expect a stronger yen and weaker share prices should the government's approval rating fall further in the coming months.

The forex market stayed quiet as new ministers were announced one by one Thursday. The yen hovered in the 110.50 to 111 range against the dollar all day.

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