Yen Holds Near 159.1 Per Dollar as Japan’s Intervention Effects Fade
The yen traded at 159.1 per dollar on Tuesday, edging back toward the 160-per-dollar level that has repeatedly drawn Japanese…
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RBA Holds Rate at 4.35%, Keeps Door Open to Another Hike as AUD Whipsaws
The Reserve Bank of Australia left its cash rate at 4.35% for a second straight meeting, and Governor Michele Bullock…
Dollar Faces Downside Risk on Fed Rate-Path Doubts, Yen Carry Trades Gain Favor
The dollar risks falling because traders lack confidence in how the Federal Reserve will respond to an energy-price shock tied…
Fed Chair Kevin Warsh Has Two Ways to Tighten Policy Without a Rate Hike
Federal Reserve Chair Kevin Warsh can tighten monetary policy without a formal rate hike, using two nontraditional levers instead. Both…
RBA holds rate at 4.35% as AUD/USD trades flat, dollar awaits U.S. CPI
Australia's central bank left its cash rate unchanged at 4.35% on Tuesday, extending a pause as it weighs persistent inflation…
