Japan Intervenes in Yen; Bessent Calls for Fed FIMA Expansion
Scott Bessent pushes for Fed expansion of the FIMA repo backstop to support Japanese yen intervention efforts and ease Treasury market dislocation…
Scott Bessent pushes for Fed expansion of the FIMA repo backstop to support Japanese yen intervention efforts and ease Treasury market dislocation…
Trump and Bessent intervene to rescue the weakening Japanese yen, causing USD/JPY to decline sharply in a politically driven forex move.
Japan spent $36.6 billion in a joint US intervention to support the yen, weighing on USD/JPY while Bitcoin held $63,600 amid carry-trade…
Evercore warns Japan's potential activation of the Fed's dollar swap line to support the yen could signal deeper trouble and trigger sharp…
Coordinated U.S.-Japan intervention triggered a sharp yen rally, rekindling bitcoin carry trade concerns while highlighting the dollar's emerging role as a key…
The Banco Central de Bolivia announced it will buy and sell US dollars to stabilize the boliviano’s foreign exchange rate, intervening directly…
The Reserve Bank of India intervened aggressively on Friday, selling about $7 billion to defend the Indian rupee against the U.S. dollar,…
Philippines central bank intervened modestly to support the peso, Governor Remolona said, as the USD/PHP pair tests multi-month highs amid broad dollar…
Japan's top currency official Katayama warns of bold action as yen breaches 163 per dollar, raising intervention fears and pressuring USD/JPY lower.
The RBI’s record short dollar position in May underscores heavy intervention to bolster the rupee, with subsequent policy measures now in focus…
China weakens yuan fixing for fourth day, allowing the currency to slide amid a strengthening dollar and easing trade war fears.
The Philippine peso's slump triggered an official warning from the Bangko Sentral ng Pilipinas against forex speculation, signaling possible intervention to curb…