The president called the move a signal of friendship that would benefit the US and world economy
Trump Says US Backed Japanese Yen in Rare Currency Intervention
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Summary
Trump says US backed Japanese Yen in rare currency intervention. President Donald Trump on Sunday confirmed that the United States had intervened to support the Japanese yen, calling the move a "signal of friendship" that would financially benefit the US and world economy. Washington's move came as the yen rebounded sharply last week, fuelling speculation that Japanese authorities had also intervened in currency markets.
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Trump says US backed Japanese Yen in rare currency intervention.
reliability moderate2/2 sourcesPresident Donald Trump on Sunday confirmed that the United States had intervened to support the Japanese yen, calling the move a "signal of friendship" that would financially benefit the US and world economy.
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Washington's move came as the yen rebounded sharply last week, fuelling speculation that Japanese authorities had also intervened in currency markets.
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