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The Fed sells euros to buy yen for the first time in 30 years

The US Federal Reserve sold euros to support the yen.

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The fact

This unprecedented operation in three decades aims to halt the decline of the Japanese currency.

The Financial Times revealed this surprise intervention on Sunday.

Click the link to read an article on the topic:

Why it matters

Cette intervention exceptionnelle de la Fed signale une préoccupation croissante face à la dépréciation du yen, qui pourrait déstabiliser les échanges commerciaux et les marchés financiers asiatiques.

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