Yen support draws ECB criticism over US-European coordination

Bloomberg · 3 hours ago
  • Joachim Nagel criticized the US for selling euros in a recent effort to support the Japanese yen.
  • Nagel said the intervention was conducted without consultation with European partners, highlighting tensions over currency coordination.

Quotes

Bundesbank President Joachim Nagel criticized the US for selling euros in a recent effort to support the Japanese yen, without consulting European partners.Joachim Nagel

Sources