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> hope their bet on JPY vs EUR pays off in the long-term Which bet?
by danmaz74 2mo ago
> hope their bet on JPY vs EUR pays off in the long-term
Which bet?
- Yokolos 2mo agoYes, which bet? I agree. There's no bet here. The comment correctly outlines why the US is doing this and how it benefits. And instead of concluding that "this is why they're doing it", they're making some weird hint that they're shorting the Euro and that somehow this doesn't pay off if the trade isn't favourable or something else? They benefit by BoJ not selling US treasuries. It doesn't matter how EUR is valued against JPY. It's not a bet between these two currencies. Europe would also benefit by their currency getting weaker, since it's filled with export-heavy countries like Germany.