US Treasury sold euros to buy yen in a historic joint intervention with Japan, deploying $5-10 billion to stabilize the yen ...
Eurozone government bond yields fell, tracking moves in Treasury yields, as oil prices declined after Trump said diplomatic talks with Iran would resume.
A handwritten note spotted on a Treasury Secretary's legal pad during a Cabinet meeting set off a chain of events connecting ...
Investors have already scaled back expectations for interest-rate hikes by the Federal Reserve after the central bank left interest rates on hold. Fed Chairman Warsh stuck to his pledge not to provide ...
US equities ended July on a firmer note, with the S&P 500 up 0.7%. The yen gained after rate checks by the NY Fed, & ...
President Donald Trump said Sunday that the US is supporting the Japanese yen as “a signal of friendship” at a time when the ...
Treasurer Jim Chalmers has put petrol companies on notice not to profiteer after Australia’s the temporary fuel tax relief ...
Coordinated intervention by the U.S. and Japan is exceedingly rare. The last time they bought the yen in markets was in 1998, at the height of the Asian financial crisis. In 2011, they sold the yen to ...