FX/BondsIMPORTANT
Unconfirmed reports via trading sources suggests that a US Tier 1 investment bank told clients NY Fed carried out a rate check on JPY on behalf of the Treasury
StockNow breaking-news AI analysis
Unconfirmed reports of a NY Fed JPY rate check on behalf of the US Treasury coincided with a 3% yen surge to 158.34, fueling strong speculation of official market intervention.
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