Goldman: Japan's $1 Trillion Dollar Reserve Buffer Can Fund More Yen Intervention
Markets

Goldman: Japan's $1 Trillion Dollar Reserve Buffer Can Fund More Yen Intervention

Goldman Sachs strategists say Japan's cash reserves and access to a Fed repo facility leave room for repeated yen-buying...

Yael Ben-David 👁 56 💬 0
Yen Slides Back Toward 160 as Markets Question Next US-Japan Intervention
Markets

Yen Slides Back Toward 160 as Markets Question Next US-Japan Intervention

The dollar-yen rate has retraced about half of its post-intervention move, putting Washington and Tokyo under pressure t...

Yael Ben-David 👁 47 💬 0
US Stocks Climb Record Peaks as Broad Profit Surge Silences Doubters — For Now
Markets

US Stocks Climb Record Peaks as Broad Profit Surge Silences Doubters — For Now

S&P 500 earnings jumped 47% in Q2, with growth spreading far beyond tech. Yet surging long-term yields, a pivotal Fed de...

Yael Ben-David 👁 32 💬 0
US and Japan Mount First Joint Yen Intervention Since 1998, Targeting EUR/JPY Cross
Markets

US and Japan Mount First Joint Yen Intervention Since 1998, Targeting EUR/JPY Cross

In a historic move, the US Treasury and Japan's Ministry of Finance jointly intervened in currency markets via the euro/...

Yael Ben-David 👁 29 💬 0
US and Japan Step In to Halt Yen's Slide in First Joint Intervention Since 2011
Economy

US and Japan Step In to Halt Yen's Slide in First Joint Intervention Since 2011

Washington and Tokyo bought yen for the first time since 2011 after the currency hit a 40-year low, warning they stand r...

Niamh O'Sullivan 👁 31 💬 0
Trump Confirms US Joined Yen-Buying Intervention as 'Gesture of Friendship' for Japan
Economy

Trump Confirms US Joined Yen-Buying Intervention as 'Gesture of Friendship' for Japan

US President Donald Trump confirmed Washington helped buy yen in a rare coordinated intervention with Japan, after the c...

Niamh O'Sullivan 👁 40 💬 0
Trump Confirms US Joined Japan's Yen Rescue, Calling It a 'Sign of Friendship'
Markets

Trump Confirms US Joined Japan's Yen Rescue, Calling It a 'Sign of Friendship'

Donald Trump confirmed US participation in supporting the yen — reportedly the first coordinated US-Japan intervention i...

Yael Ben-David 👁 34 💬 0