The US and Japan pulled off a rare currency coup: the US Treasury secretly funneled billions to buy yen, reversing a 40-year low against the dollar — the first such intervention since 2011. With Japan’s ultra-low rates driving investors away, the yen kept falling… until Washington stepped in. The surprise move not only stabilized the yen (lifting it to its highest in three months) but also signaled a new era of coordinated global finance — with both nations praising each other’s commitment to market stability.
Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai
This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.
