Yen Bears Face Risks on Joint US-Japan Action, Strategists Say
Strategists say the coordinated intervention between Japan and the US increases the risk for anyone betting against the currency. President Donald Trump said the US joined a currency-market intervention that...
By John Cheng, Momoka Yokoyama and Alice French · Bloomberg Markets
Strategists say the coordinated intervention between Japan and the US increases the risk for anyone betting against the currency. President Donald Trump said the US joined a currency-market intervention that lifted the yen last week as a sign of friendship with Japan.