Yen holds steady, eyes on equities

* Limited reaction seen from ruling bloc loss in Tokyo poll * Yen to take cues from moves in risk assets like equities By Masayuki Kitano TOKYO, July 13 (Reuters) – The yen was little changed against other major currencies on Monday, with traders looking to moves in risk assets like equities and oil to set the market’s direction. The yen showed little reaction early on Monday to the results of a key local election on Sunday, traders and analysts said. Japanese Prime Minister Taro Aso’s ruling bloc was soundly defeated in the Tokyo election seen as a bellwether for a national poll to be held within three months. The election results suggest the main opposition Democratic Party will win more…

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