Global Markets Rocked as U.S. Treasury Intervenes in Yen, Trump Orders New Iran Strikes
The U.S. Treasury intervened in foreign exchange markets on Friday, selling euros and dollars to buy Japanese yen in a major coordinated effort to support the battered currency. The intervention follows joint actions by Japan and South Korea and marks a rare direct involvement by Washington in currency markets. The yen has been under relentless […]
The U.S. Treasury intervened in foreign exchange markets on Friday, selling euros and dollars to buy Japanese yen in a major coordinated effort to support the battered currency. The intervention follows joint actions by Japan and South Korea and marks a rare direct involvement by Washington in currency markets. The yen has been under relentless […]
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