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Trump sells euros to support yen without consulting ECB

The Trump administration sold euros to support the Japanese yen, a decision made without consulting the European Central Bank.

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The fact

The move, reported by the *Financial Times*, has drawn irritation from Frankfurt.

The ECB fears a weakening of the euro and market disruption.

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Why it matters

Cette décision unilatérale pourrait fragiliser l'euro et compliquer la politique monétaire de la BCE, déjà sous pression face à l'inflation et aux tensions géopolitiques.

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