Dollar wavers with politics, credit risks and trade tensions in focus

(Reuters) -The dollar edged up against the yen on Monday as investors shifted their focus to political developments in Japan and the euro area, while U.S. credit risk concerns lingered. The yen weakened as hardline conservative Sanae Takaichi is almost certain to become Japan’s first female prime minister after a decisive parliamentary vote. Her expected premiership, backed by a new coalition with the right-wing Japan Innovation Party, has raised investor concerns over potential fiscal expansion, which could weigh on the yen. “Market participants will now be watching closely to see what fiscal plans are put together by the new coalition…