Yellen suggests Japan's yen intervention differs from typical manipulation - Printable Version +- SG Talk (https://sgtalk.net) +-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk) +--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk) +--- Thread: Yellen suggests Japan's yen intervention differs from typical manipulation (/Thread-Yellen-suggests-Japan-s-yen-intervention-differs-from-typical-manipulation)

Yellen suggests Japan's yen intervention differs from typical manipulation - theold - 27-07-2024 Exclusive: U.S. treasury chief says 'beggar thy neighbor' policies should not be used July 27, 2024 08:01 JST RIO DE JANEIRO -- Japan's efforts to shore up the yen are different from the deliberate currency weakening that has long been a U.S. concern, U.S. Treasury Secretary Janet Yellen suggested to Nikkei in an exclusive interview. Yellen spoke with Nikkei while in Brazil for a meeting of Group of 20 finance ministers and central bankers. https://asia.nikkei.com/Editor-s-Picks/Interview/Yellen-suggests-Japan-s-yen-intervention-differs-from-typical-manipulation?dicbo=v4-ov8DtbW-1131228701-1 RE: Yellen suggests Japan's yen intervention differs from typical manipulation - sgbuffett - 27-07-2024 Often manipulation is to weaken a currency to have export advantage. Thjsnis opposite. This is no joke like 6% move in one day. Such a massive move for currency is not seen since Asian Crisis. Also notice the dollar dis not recover much after the bashing.