EconomyUS shakes up currency markets with talk of unusual yen-buying via euro sales
Discussion in the United States of buying yen by selling euros has unsettled currency markets. Analysts say the euro-yen route was likely selected to avoid signaling weakness in the dollar. The proposed approach would therefore represent an unusual way to support the yen without directly highlighting the dollar’s position.
US shakes up currency markets with talk of unusual yen-buying via euro sales