U.S. and Japan Stage First Joint Yen Intervention in Over 30 Years
The U.S. and Japan staged their first joint yen-support intervention in over 30 years after the currency hit a 40-year low. Markets fear a carry-trade unwind could send shockwaves through global tech stocks.
Tags: yen-intervention · carry-trade · boj · federal-reserve · currency-markets ·
Original source: Google Finance News