USD/JPY closes in on 160.00 with no clear intervention plan in sight
USD/JPY has extended today's gain to 134 pips, pushing the pair toward the 160.00 level that both Washington and Tokyo…
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Deutsche Bank Named China’s First European Renminbi Clearing Bank
China has named Deutsche Bank as its first European renminbi clearing bank, giving the lender authority to process, clear and…
Yen Slides to One-Week Low as Dollar Steadies Ahead of US CPI
The U.S. dollar edged higher and the Japanese yen slid to its lowest level in over a week on Monday,…
Trump gives Fed Governor Cook three weeks to respond to mortgage fraud allegations
President Trump has given Federal Reserve Governor Lisa Cook until August 26, 2026, to respond to mortgage fraud allegations before…
Yen sinks as effect of US-Japan intervention fades
The yen has surrendered nearly half the gains it won from the historic joint US-Japan intervention of July 31, drifting…
