As Bessent’s yen intervention fully unwinds the Japanese stock market is completely melting down. Happenings are happening. 🇯🇵 #JapaneseMarket #YenIntervention #StockMarketCollapse #JP
The US government supported the yen by selling euros instead of dollars, without informing the European Central Bank beforehand, which is seen as an unprecedented violation of decades-long principles of cooperation between Western central banks. (translated)
USA stützten Yen mit Euro-Abverkauf
Japan and the USA have jointly intervened in the foreign exchange market for the first time in decades to support the weak yen by purchasing yen to prevent excessive volatility, while the government in Tokyo plans to take further measures if necessary. (translated)
USA und Japan stützen fallenden Yen
