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Europe@feddit.orgEnglish · 1 month ago

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

www.wealthprofessional.ca

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

www.wealthprofessional.ca

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Europe@feddit.orgEnglish · 1 month ago

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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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1 month 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.
- First_Thunder@lemmy.zip
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  I also heard the explanation of not wanting to look like they’re simply giving dollars to Japan

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