Why the yen matters

August 11
21 mins

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Episode Description

Investors were surprised when they learned that the US was selling euros to prop up the yen. But was this support for an ally? Or worries about interest rates at home? Today on the show, Katie Martin and Alphaville reporter Toby Nangle unpack this unusual move. Also, they go long rain and long cheese futures. 


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Read a transcript of this episode on FT.com

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