$TRUMP
$XAU
$XAG The U.S. Treasury buys yen for the first time since 1998 as the dollar approaches a level
The Federal Reserve Bank of New York revealed that the U.S. Treasury intervened in the currency market last July to buy Japanese yen, in the first operation of its kind since 1998. The move was coordinated with Japanese authorities and reflected growing concerns over the yen’s decline against the dollar.
The data showed that the U.S. Treasury bought about 79 billion yen on July 31, alongside a Japanese intervention worth about 15 trillion yen, aimed at supporting the currency and limiting its sharp decline against the dollar.
The report noted that the Federal Reserve carried out no standalone foreign exchange operations during the third quarter, confirming that the U.S. move in July was coordinated with Japan and was not an independent intervention by the U.S. central bank.
#WhatWillDriveCryptoandStocks’NextRebound? #JaneStreetNearlyOctuplesFidelityBitcoinETFHoldings #Anthropic’s6xIPODemandSignalsPotentialRecordRaise #HedgeFundsCMEBitcoinNetShortsFall89% #HedgeFundsCMEBitcoinNetShortsFall89%
$XAU
$XAG The U.S. Treasury buys yen for the first time since 1998 as the dollar approaches a level
The Federal Reserve Bank of New York revealed that the U.S. Treasury intervened in the currency market last July to buy Japanese yen, in the first operation of its kind since 1998. The move was coordinated with Japanese authorities and reflected growing concerns over the yen’s decline against the dollar.
The data showed that the U.S. Treasury bought about 79 billion yen on July 31, alongside a Japanese intervention worth about 15 trillion yen, aimed at supporting the currency and limiting its sharp decline against the dollar.
The report noted that the Federal Reserve carried out no standalone foreign exchange operations during the third quarter, confirming that the U.S. move in July was coordinated with Japan and was not an independent intervention by the U.S. central bank.
#WhatWillDriveCryptoandStocks’NextRebound? #JaneStreetNearlyOctuplesFidelityBitcoinETFHoldings #Anthropic’s6xIPODemandSignalsPotentialRecordRaise #HedgeFundsCMEBitcoinNetShortsFall89% #HedgeFundsCMEBitcoinNetShortsFall89%
