President Donald Trump says the United States intervened in currency markets to support the Japanese yen, describing the move as a “signal of friendship.” Multiple outlets report that Trump made the comment after being asked why the U.S. acted to back the yen. Bloomberg says the intervention helped lift the yen “last week,” and that Trump expects the United States to benefit financially from supporting an ally. France 24 and Free Malaysia Today cite reporting by the Financial Times that Washington and Tokyo jointly backed the yen for the first time in nearly three decades. Japan Today similarly reports Trump’s confirmation that the U.S. and Japan acted together to support the currency, framing it as a friendly gesture meant to benefit both countries and, more broadly, the global economy. Across the accounts, the core points are that the U.S. participated alongside Japan in an intervention intended to influence yen trading, that Trump characterizes it as improving relations, and that the action is described as an unusually rare coordinated step after decades without such a joint move.
Trump Says U.S. Joined Japan to Support Yen in Currency Intervention
President Donald Trump says the United States intervened in currency markets to support the Japanese yen, describing the move as a “signal of friendship.” Multiple outlets report that Trump made the c...
- Trump says the United States intervened to support the Japanese yen.
- Trump describes the intervention as a “signal of friendship.”
- Reports cited by outlets say the U.S. and Japan jointly backed the yen for the first time in nearly three decades.
- Bloomberg reports the intervention lifted the yen last week.
- Outlets report Trump says the move is expected to benefit the United States and global economy.
President Donald Trump on Sunday confirmed that the United States had intervened jointly with Japan to support the yen, calling the move a "signal of friendship" that would…
55 minutes agoPresident Donald Trump said on Sunday the United States had intervened to support the Japanese yen, describing the move as a "signal of friendship" that would benefit both the US and global economy. The Financial Times reported Washington and Tokyo had jointly backed the yen for the first time in nearly three decades.
2 hours agoThe Financial Times reported on Friday that the US Treasury had jointly intervened with Japan to prop up the yen for the first time in nearly three decades.
3 hours agoPresident Donald Trump said the US joined a currency-market intervention that lifted the yen last week as a sign of friendship with Japan, saying that he expects Washington to reap a financial benefit from helping the ally.
3 hours ago“It was a signal of friendship,” President Donald Trump says after being asked why the US intervened to support the Japanese yen.
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