US Treasuries positions are reduced by Japan and China in November

US Treasuries positions are reduced by Japan and China in November

In November, Japan and China, the two leading foreign American creditors, diminished their holdings of American government debt, when the evergreen buck weakened versus the two countries' currencies, as data from the US Treasury Department published on Wednesday revealed.

Their reduced position in American Treasuries underpinned the notion, which foreign key financial institutions are actually cutting back their greenback exposure in their FX reserves.

Reserve diversification has recently drawn attention of market participants with the underperformance of both the evergreen buck and Treasuries consistent with hopes of major banks cutting allocation to the US currency, as some financial analysts stressed.  

In October, the International Monetary Fund informed that the greenback’s share of global FX reserves dived in the third quarter of last year to 63.5%, which is its smallest outcome since mid-2014.

Similar

Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera