I don’t see how selling such a small quantity of euros could be deleterious and unfortunately I’ll never know because the article is paywalled
randommathaccount on
> The lack of co-ordination highlights the unusual nature of the first joint Washington-Tokyo effort to boost the yen in almost 30 years. Typically, the US would have been expected to use dollars in such an operation.
Shouldn’t be surprising, at this point the US can be expected to act in a uncooperative or otherwise hostile manner to the EU because that’s the world we live in. Nothing quite like reducing trust and cooperation between central banks in a time when that is most unhelpful.
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I don’t see how selling such a small quantity of euros could be deleterious and unfortunately I’ll never know because the article is paywalled
> The lack of co-ordination highlights the unusual nature of the first joint Washington-Tokyo effort to boost the yen in almost 30 years. Typically, the US would have been expected to use dollars in such an operation.
Shouldn’t be surprising, at this point the US can be expected to act in a uncooperative or otherwise hostile manner to the EU because that’s the world we live in. Nothing quite like reducing trust and cooperation between central banks in a time when that is most unhelpful.