Why has Trump stepped in to prop up Japan's yen?

By Reuters

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Japan and the United States conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan's finance ministry said on August 3, confirming a rare bilateral action to halt the yen's slide to fresh 40-year lows. Leika Kihara discusses whether the move is likely to mark a change in fortunes for Japan's under-pressure currency. #japan #yen #trump #us #markets