Bessent defends yen intervention, warns of US borrowing cost risks
Treasury Secretary Scott Bessent has defended the US intervention to support the yen in late July, telling Senator Elizabeth Warren…
USD/JPY News
Latest USD/JPY news — Bank of Japan monetary policy, yen intervention watch, US-Japan rate differentials and dollar yen price analysis.
USD / JPY
live price
160.073
+0.42%
Japan’s $96 billion yen defense fails to hold the line at 160 per dollar
Japan's Ministry of Finance has spent close to $96 billion defending the yen in 2026, yet the currency keeps sliding…
Dollar Rises to Session High After Warsh Signals Possible Rate Hike
The dollar climbed to a session high on Friday after Federal Reserve Chair Kevin Warsh hinted that rate hikes may…
Dollar drifts as traders await Kevin Warsh’s Jackson Hole address
The US dollar is trading in mixed fashion as rising oil prices and Treasury yields lend it support while a…
Japan’s yen intervention hits record 15.4 trillion in a single month
Japan spent a record 15.4 trillion yen on foreign exchange intervention last month, roughly $100 billion in weeks, to slow…
