This is a bad sign for the eu authorities and bad news for the euro as Japan plans to fund these purchases out of its FX reserves and so won't need to buy more euros to make the purchases.

日本计划以外汇储备来支持此次购买，所以将不需要买进更多欧元。这对欧盟当局来说是个不利的信号，对欧元来说是个坏消息。

youdao

That path has been well documented as was the collapse of the Euro on the global FX market.

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Did he get blind sided by the Swiss National Bank when they intervened in the FX market so forcing the Swiss Franc down by 8% against the Euro in day?

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