Wall Street rallied to record highs as oil prices eased after Trump paused Iran strikes. Yen strengthened following US-Japan intervention. Chip stocks remain volatile amid AI sustainability concerns.
Japan and the US jointly intervened to support the yen after it hit a 40-year low, causing the currency to surge over 1% against the dollar to its strongest level since May.
Treasury Secretary Bessent vowed to repeat US-Japan coordinated FX intervention against yen weakness and called for expanding the Fed's FIMA facility, signaling continued dollar-yen intervention risk…
Coordinated US-Japan intervention curbs yen weakness; BOJ hints at a September rate hike, pressuring exporters like Kioxia amid an already soft chip earnings outlook.
The US and Japanese governments intervened jointly in the FX market for the first time since 2011 to prop up the yen, selling roughly $36 billion. The US Treasury funded its yen purchases by selling …
Coordinated intervention between the US and Japan shifts yen defense away from selling US Treasuries, utilizing the Fed's FEMA repo facility instead. This aims to stabilize the bond market while caus…
The U.S. and Japan conducted a coordinated currency intervention to support the Yen, marking the first such action in 15 years to curb rapid Yen depreciation.
US stock futures rallied on Monday as geopolitical tensions eased following President Trump's decision to call off a military strike against Iran, boosting risk appetite. This de-escalation caused a …
The US and Japan launched a historic joint intervention to strengthen the yen, causing it to rise from 40-year lows. Meanwhile, easing geopolitical tensions with Iran caused oil prices to drop over 5…
Oil prices plunged on easing Middle East tensions and US-Iran talks. The Japanese yen surged to a three-month high following rare joint intervention by the US and Japan. European stocks rose, led by …
Oil prices plunged on de-escalating Middle East tensions and OPEC+ production hikes. The yen surged after a rare joint US-Japan intervention. While Asian tech stocks fell, Wall Street was boosted by …
Japan and the U.S. conducted joint currency intervention to halt the yen's slide to 40-year lows, buying yen and selling dollars. BoJ signaled possible rate hikes, further supporting yen strength and…
Dollar firmed on hawkish Fed comments and strong US data, pressuring gold and silver lower. Yen gained on BOJ hawkish signals and intervention speculation. Euro edged higher on French CPI but capped …
BofA reports CTAs have largely unwound Nasdaq-100 exposure while S&P 500 remains stretched long, raising contagion risk. Dollar posted biggest weekly loss since January; yen shorts unwound on interve…
U.S. Treasury warned banks of potential yen market intervention, pushing USD/JPY down from four-decade lows. Coordinated Japan-U.S. action boosts yen strength, raising intervention risk expectations.
Dollar eased against yen after Japan's suspected intervention and a hawkish BOJ hold, with markets bracing for possible further currency action ahead of a September BOJ hike.
Japan and South Korea intervened to support their currencies, with signs of U.S. coordination. The yen surged sharply against the dollar, marking the biggest intervention effect in nearly two years, …