Bessent Defends Fed Chair Warsh’s Quiet Rate Stance as a ‘Detox’ From Guidance
Treasury Secretary Scott Bessent defended Federal Reserve Chair Kevin Warsh's near-silence on interest-rate policy as intentional, even as economists warn…
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US Treasury and Japan launch first coordinated yen intervention in 15 years
The US Treasury bought yen and sold euros in a coordinated intervention with Japan confirmed around August 2-3, 2026, the…
Canadian dollar weakens as oil price slide outweighs four-year-high trade surplus
The Canadian dollar slipped to its weakest level in nearly a week on Tuesday as a sharp drop in oil…
Yen Eases but Holds Onto Most of Its Intervention-Driven Gains
The yen eased Tuesday but held on to most of the gains from last week's rare coordinated intervention by Tokyo…
Bessent Says US Will Keep Backing Yen After Joint Intervention
Treasury Secretary Scott Bessent says the US will keep backing Japan's efforts to stabilize the yen, a week after the…
