Loading ...I understood that the Japanese were selling treasuries to raise dollars and buying Yen to support their currency.
Looks like they got things under control with the Sterling, but there’s still a lot carnage. The Yuan is getting hit pretty good.
What if this turns out to be the spike up and mother of all reversals in the USD? The rest of the world sure needs the USD to take a breather.
The Sterling just went positive against the USD.