Middle East
United Arab EmiratesUS Sells Euros to Support Yen, Surprising ECB
The US reportedly sold billions in Euros, not Dollars, to prop up the Yen in late July, a move that surprised the European Central Bank and raised questions about its true motives.
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US Sells Euros to Support Yen, Surprising ECB
First report 6h agoLast update 6h ago1 takes 1
us currency interventionneutralShow 1 post
started 6h ago•Last update 6h ago
The US intervened in currency markets by selling Euros to support the Yen, a decision made without prior warning to the European Central Bank.
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