USD/JPY stumbles to 159.60 after briefly touching five-week high near 160.40
USD/JPY touched 160.40, its highest level since the US and Japan carried out joint intervention on July 31. The pair…
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Treasury yields hit multiyear highs as traders hedge for more pain
The 30-year Treasury yield hit its highest level since 2007 and the 10-year climbed toward levels not seen since January…
Dollar Hits Fresh Highs Against Major Currencies as Middle East Tensions Push Oil, Yields Higher
The US dollar climbed to new highs against most major currencies as Middle East military tensions pushed oil higher and…
Bessent urges BOJ’s Ueda to run sound policy to avoid yen volatility
U.S. Treasury Secretary Scott Bessent told Bank of Japan Governor Kazuo Ueda to run sound monetary policy that anchors inflation…
Bessent Presses BOJ’s Ueda for Sound Policy to Curb Currency Volatility
U.S. Treasury Secretary Scott Bessent met Bank of Japan Governor Kazuo Ueda on the sidelines of the G20 finance leaders'…
