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2026-08-07 10:22:40 UTC
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captjack 🏴‍☠️✨💜 on Nostr: 🇪🇺JUST IN: The European Central Bank was unaware of the U.S. sale of euros to ...

🇪🇺JUST IN: The European Central Bank was unaware of the U.S. sale of euros to support the Japanese yen until after the intervention had already been executed, per FT.

The first U.S.-Japan joint yen intervention in nearly 30 years reportedly caught ECB officials off guard, with some viewing it as an unprecedented break from decades of coordination among Western monetary authorities, raising concerns over future central bank cooperation.

if true ECB was not in the loop.