News

World

Audio News

Fews App News List News List

The U.S. Backs Japan's Yen After Decades. Here's What's Really at Stake for Investors.

Backs
International Business Times Fews App News Provider
Fews App Post Time 2h ago

Behrouz Mehri/AFP via Getty Images The United States' decision to join Japan in a rare coordinated effort to support the yen has sent a strong signal to global financial markets, marking the first joint intervention by the two countries to buy yen since 1998. While the move immediately helped the battered Japanese currency rebound from its weakest level against the U. S.

Go to Source
Related News
Fews App Loading
Login
Facebook Login
Twitter Login
Google Plus Login
Thank you for subscribing our newsletter
Your email has already been added to our subscibers list
Invalid email