US shakes up currency markets with talk of unusual yen-buying via selling euros

US shakes up currency markets with talk of unusual yen-buying via selling euros  Reuters

LONDON, Aug 3 : Traders grappling with an already rare co-ordinated U.S.-Japanese action to prop up the weak yen are also digesting a further unusual dynamic: the U.S. selling euros. Japan confirmed on Monday it had carried out yen-buying intervention on Friday with the U.S. Treasury department. But rather than buying