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ECB’s Nagel Slams US for Blindsiding Europe on Yen Interventions
Source: Bloomberg
Currency & FXGeopolitics & WarMonetary Policy
Bundesbank President Joachim Nagel criticized the US for selling euros to support the yen without consulting European partners. The comments highlight rising sensitivity around FX intervention coordination between major economies, which may increase near-term market caution toward currency policy spillovers.
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