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U.S. Treasury seal behind euro and Japanese yen notes arranged as a currency exchange

MarketsBreaking

Why the U.S. Reportedly Bought Yen for the First Time Since 1998

The New York Fed sold euros to buy yen for the Treasury, the Financial Times reported, turning a warning to currency traders into an unusually direct U.S. market move.

The Daily NewsfrontAugust 1, 2026
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