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US-Japan yen intervention: Saving the yen or protecting US Treasuries?
In late July, the United States and Japan conducted a rare coordinated intervention to support the yen. Japan confirmed on Monday that both sides will not hesitate to conduct further coordinated interventions.
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upi.com
U.S. joins Japan in coordinated effort to support yen - UPI.com
The U.S. joined Japan in buying yen, helping reverse the currency's slide as authorities signaled that further coordinated action remained possible.
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global.chinadaily.com.cn
Japan, US intervened in currency market for 1st time in 15 years
TOKYO -- Japan and the United States have conducted a coordinated yen-buying intervention in the currency market, Finance Minister Satsuki Katayama said Monday, the first such…
