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📈 The United States and Japan confirmed coordinated yen-buying intervention, supporting Japan’s currency after the dollar reached multidecade highs against it. 🇺🇸🇯🇵
Japan’s Finance Minister Satsuki Katayama said the finance ministry bought yen in coordination with the United States.
📰 The dollar fell sharply against the yen after the announcement, underscoring the immediate effect on foreign-exchange trading.
Japan publishes intervention operations quarterly. Markets will now monitor the yen’s exchange rate and subsequent official disclosures.
https://nutanica.com/Japanese_yen
Japan’s Finance Minister Satsuki Katayama said the finance ministry bought yen in coordination with the United States.
📰 The dollar fell sharply against the yen after the announcement, underscoring the immediate effect on foreign-exchange trading.
Japan publishes intervention operations quarterly. Markets will now monitor the yen’s exchange rate and subsequent official disclosures.
https://nutanica.com/Japanese_yen
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