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Japan, US step in to support yen with rare joint intervention; Tokyo keeps door open for more action
After joining hands in a rare currency market intervention, the US and Japan have left the door open for more coordinated action, with Tokyo saying it is ready to step in again if yen continues to swing.
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channelnewsasia.com
US Treasury intervenes to support yen after Japan steps in, FT reports
July 31 : The U.S. Treasury intervened to support the yen on Friday through outright purchases, the Financial Times reported, joining Japan in its efforts to boost the currency…
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straitstimes.com
US Treasury intervenes to support yen after Japan steps in: Financial Times
The reported action would be the US Treasury’s first direct support for the yen since 2011. Read more at straitstimes.com. Read more at straitstimes.com.
