Urgent.News

600+ sources. One page. See who else covered it.

Editions

Finance & Markets

US Sale of Euros for Yen Intervention Blindsided Europe, FT Says

The US blindsided the European Central Bank last week with its historic currency intervention to help Japan, only informing its counterparts in Frankfurt after it sold euros to buy the yen, the Financial Times reported, citing several people familiar with the matter.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

More from Friday 7 August →