US sells euros to buy yen in rare joint move with Japan

www.wealthprofessional.ca

US sells euros to buy yen in rare joint move with Japan

www.wealthprofessional.ca

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Europe@feddit.orgEnglish · 3 months ago

Washington acts to shield US bond markets as Japan's yen weakness threatens Treasury holdings

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Riddick3001@lemmy.world
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3 months ago
Very weird move for USA to sell € to buy Y, instead of using their own $. Supposedly a very low Japan interest rate and a high US inflation playing a role here.

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