US Economy
Trump and Bessent intervene on the yen for the first time in 28 years: why the US is defending Japan’s currency
A trader’s move that could permanently reshape US monetary diplomacy
A trader’s move that could permanently reshape US monetary diplomacy
As markets wait for the Bank of Japan to step in, a weakening economic outlook is deepening the yen’s slide — and Bitcoin is climbing in its wake....
The USD/JPY pair has jumped past 161 in recent hours, and Sanae Takaichi’s government is reportedly ready to step in — but will it be enough?