Japan confirms joint yen intervention with U.S., signals readiness for more action
The joint intervention is the first since 2011’s coordinated action to weaken the yen after the devastating earthquake in eastern Japan
ARCHIVED · 1 LEFT · 8 CENTER · 0 RIGHT · Aug 3, 1:19 AM
The Hindu and UPI describe the same event in different terms.
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WORDING GAP
9 sources · 2 bias buckets · Medium confidence
Still Watching. The left frames it as "Japan confirms joint yen intervention with U.S., signals readiness for more action". The center frames it as "Japan to announce Tokyo, Washington took joint action on yen, sources say".
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Aug 2, 9:11 PM: Honolulu Star-Advertiser joined the source map.
Aug 2, 10:56 PM: UPI joined the source map.
Aug 2, 10:57 PM: The Straits Times joined the source map.
Aug 2, 11:16 PM: CNA Singapore joined the source map.
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ARCHIVED SOURCES
The joint intervention is the first since 2011’s coordinated action to weaken the yen after the devastating earthquake in eastern Japan
Finance minister Satsuki Katayama vows further co-ordinated action if needed
Japan's Finance Ministry said Monday it conducted a coordinated yen-buying intervention with the U.S. Treasury on Friday.
Strategists say the coordinated intervention between Japan and the US increases the risk for anyone betting against the currency. President Donald Trump said the US joined a currency-market...
The joint intervention is the first since 2011, when the two countries took coordinated action to weaken the yen in the aftermath of the earthquake in eastern Japan.
After his remarks, the yen held a small loss against the dollar.
The U.S. joined Japan in buying yen, helping reverse the currency's slide as authorities signaled that further coordinated action remained possible.
TOKYO >> Japanese Finance Minister Satsuki Katayama will announce on Monday that Tokyo and Washington took joint action in the currency market to arrest the yen’s slide to 40-year lows, two...