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For the first time in nearly 30 years, US-Japan joined forces to buy Japanese yen, and the US-Finance Minister's Memorandum was exposed to a deal of $5-10 billion

On 1 August, a photo taken by Reuters revealed that a list of “to-dos” in the United States Treasury Secretary's “buy-in of $5-10 billion yen” was made public when he attended the President's Cabinet meeting at Camp David on Friday, local time. The photo was taken at the press-opening session at 11:33 US-East time (23:33 Beijing time). Becent's nameplates happen to be on top of the notebook, and they're clear. The spokesman for the United States Department of the Treasury did not address the content of the notes and whether intervention had been taken on Friday to respond to requests for comments. It was also reported in the British Financial Times that the United States Treasury intervened in the Japanese yen exchange rate on Friday, local time, marking the first time in nearly 30 years that the United States and Japan joined forces to support the yen through direct purchasing operations. According to three sources, the Federal Reserve in New York has conducted an extraordinary operation on behalf of the Treasury - - The euro was sold to buy the yen, and two of the sources claimed that the deal was done through Goldman Sachs and Morgan Stanley. The United States Treasury Department informed Wall Street banks prior to the operation that it was considering intervening in the yen. The United States Treasury Department ' s last hand to support intervention yen dates back to 2011, but the direction was to sell the yen. Kim Xian

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