Bessent ready to repeat joint yen intervention, urges bigger Fed backstop

By David Lawder and Daphne Psaledakis Aug 2 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Sunday he will not ...
The Edge Singapore

Dollar drops further as yen rebound extends Fed-driven slide

The dollar extended its slide on Monday as a joint US-Japan intervention to support the yen added to losses triggered by last ...

Judy Shelton analyzes Fed policy, economic growth

Global markets rally as former Federal Reserve nominee Judy Shelton joins Maria Bartiromo to analyze U.S. economic strength amidst geopolitical tensions. Shelton breaks down the impact of the Treasury ...

Japan, US confirm joint yen-buying intervention, signal more action

By Makiko Yamazaki and Leika Kihara TOKYO, Aug 3 (Reuters) - Japan and the United States conducted coordinated yen-buying ...
Forex Factory

The U.S. is using euros, not dollars, to prop up the yen, and it may backfire: ‘This kind of twist…undercuts the efficacy of U.S. participation’

The U.S. is stepping in to help boost Japan’s yen for the first time in nearly three decades after the currency hit a 40-year ...
BeInCrypto

America Broke a 28-Year Rule to Save the Yen and Bitcoin Felt It First

Bitcoin fell near $63,000 as the US bought yen for the first time since 1998, reviving carry trade unwind risk.