JPY higher, Japan's Democratic Party wins in a landslide

FX Highlights USD and JPY trade higher as the Shanghai Index falls 6% and the DPJ party wins a landslide victory in Japan's national election taking power for the first time in 50 years, the DPJ party is expected to increase spending to boost the economy, Japan's economic data points to recovery, China may take steps to stabilize the stock market, the decline in the Shanghai Index sparked safe haven demand for USD and JPY, UK markets closed for holiday, EU inflation falls less than expected,