Dollar weakens against yen as US and Japan confirm market intervention
The U.S. dollar weakened sharply Monday against the Japanese yen after President Donald Trump and Japan’s Finance Minister Satsuki Katayama confirmed both sides had intervened in markets. (AP video shot by Mayuko Ono)
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19 Comments
The US is in a precarious position. Trump saying it's giving Japan a little help means the US has no choice because it needs Japan not to sell the rest of it's US Bond holdings.
Blame playstation for getting rid of disk drives and going full digital on their platform. Also honda scams with calibration fees for cameras that the owner cant do themselves
Dump the Dollar
Defund IMPERIALISM, WAR AND GENOCIDE!
Sharks are not preferred by Trump when going down, drowning, it's electrocution- just saying for Epstein's ghost. 👻
Everytime the felon president speaks he lies so what's really going on?
I blame the orange man for this one
…no word about Japan needing to sell US debt to strenghten its currency which would be disastrous for the US…even the expert in the video looks the other way into some goods buying and selling non-sense…
Trump is cheapening the US dollar!!!
I don't get it if Japan economy strong and they make everything and sell, why their yan weak?
Now you see why Warren Buffett bought tens of billions of dollars worth of the Great Japanese Trading Houses when nobody could figure out why.
He plays chess while we all play checkers.
"free market without government intervention is why we vote conservative"
Yesssss let’s de-dollarize the world!!!!!
No worries. China will sell more US bond.
USD will become weak 😂
For a president that ran on America first. He sure seems to like giving money to foreign countries. It makes me wonder what back room deals where made.
Amazing how you frame this as a bad thing. AP is trash.
The United States of America is on track to becoming Donald J Trump's 7th (Seventh) bankruptcy.
Bailing out turkey, argentina and now japan. Truly , america first. Bail out everyone but american people.
Japan holds $1.4 Trillion in U.S. debt.