Trump says US backed Japanese Yen in rare currency intervention

President 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.

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President 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.

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