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Trump says US backed Japanese yen in rare currency intervention

© Richard A. Brooks, AFP · Published 12h ago · Impact 69%
GlobeVerge has tracked this story since 55m ago.
Trump says US backed Japanese yen in rare currency intervention

President Donald Trump said on Sunday the United States had intervened to support the Japanese yen, describing the move as a "signal of friendship" that would benefit both the US and global economy. The Financial Times reported Washington and Tokyo had jointly backed the yen for the first time in ne

Steady / neutral65%
PositivePossible support for stability, investment or market confidence
RiskInflation, volatility, borrowing costs or weaker growth
Read the full story at © Richard A. Brooks, AFP →
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