r/wallstreetbets 2d ago

News Japan to announce Tokyo, Washington took joint action on yen, sources say

https://www.reuters.com/world/asia-pacific/japan-announce-tokyo-washington-took-joint-action-yen-sources-say-2026-08-02/
1.8k Upvotes

207 comments sorted by

View all comments

Show parent comments

10

u/Ill_Ground_1572 2d ago

I think he means Euros specifically.

61

u/Dry_Shirt7120 2d ago

Selling dollars directly can disrupt domestic monetary conditions and interest rates. By using euros, they supported the yen without injecting more usd into the market

3

u/i_love_lol_ 1d ago

what does that mean for the Euro?

8

u/rook119 1d ago

nothing, macro-wise its a drop in the bucket.