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Treasury Secretary Scott Bessent defended US intervention supporting the Japanese yen, noting minimal funds were used to stabilize markets and prevent US asset sales. He reinforced expectations for t…
Citi analyzes potential major shifts in global currency policy, including US-Japan interventions to support JPY and the emergence of the 'Bessent doctrine'. While not signaling broad USD weakness, co…
Wall Street anticipates a mostly higher start to August as markets digest recent tech rebounds and the impact of coordinated currency intervention strengthening the yen. A busy earnings week, featuri…
Geopolitical relief following the US decision to resume talks with Iran and avoid military strikes has reduced the oil-risk premium, pressuring crude prices. Simultaneously, a joint US-Japanese inter…
The US Treasury intervened to buy JPY following record US debt hitting $39.84 trillion and rising borrowing costs. This marks the first coordinated USD/JPY intervention in a decade to stabilize the y…
The Japanese yen is hovering near 160 per dollar, triggering increased verbal intervention from officials like Takaichi and Katayama. Record declines in foreign reserves confirm recent currency suppo…
The dollar is nearing its strongest monthly gain in a year due to safe-haven demand amid Middle East tensions and rising US rate hike expectations. GBPUSD weakens amid prolonged conflict concerns, wh…
EUR/USD is range-bound near key strike expiries at 1.1590-00, likely limiting upside ahead of European morning trade; intervention risks dominate USD/JPY movements. AUD/USD expiries have minimal impa…