Strategists say the coordinated intervention between Japan and the US increases the risk for anyone betting against the yen and puts pressure on Japanese stocks. President Donald Trump said the US joined a currency-market intervention that lifted the...
Strategists say the coordinated intervention between Japan and the US increases the risk for anyone betting against the yen and puts pressure on Japanese stocks. President Donald Trump said the US joined a currency-market intervention that lifted the Japanese currency last week as a sign of friendship with Japan. Officials in both countries have said they will not hesitate to intervene in the currency markets again.
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Bloomberg — Markets (EN)