Bessent attacks Warren over yen intervention, offers ‘FX for Dummies’
Treasury Secretary Scott Bessent, left, and Sen. Elizabeth Warren, D-Mass. Getty Images Treasury Secretary Scott Bessent unleashed a…
New Delhi draws in $73 billion in 11 weeks, powered by special deposits for non-resident Indians
The U.S. dollar was on the defensive early on Wednesday after comments from Federal Reserve Chair Jerome Powell bolstered wagers…
Japanese yen, U.S. dollar: why the U.S.-Japan intervention not working
The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies…
Kenya caps carbon credit exports in bid to protect its own climate targets
NAIROBI, Kenya (AP) — Kenya has introduced a cap on the amount of carbon emissions credits it will…
Japan yen intervention: why the U.S. stepped in
The coordinated intervention was the first U.S.-Japan joint operation to buy yen since 1998. Manuel Augusto Moreno |…
US dollar weakens sharply against the Japanese yen
TOKYO (AP) — The U.S. dollar weakened sharply Monday against the Japanese yen after U.S. President Donald Trump…
Need backup power? Automakers want you to use their vehicles in your driveway
DETROIT (AP) — Winter Storm Uri, the multiday freeze that slammed Texas in February 2021 and pummeled the…
Dollar near 2-week low as rate-hike bets fall, embattled yen in focus
The U.S. dollar steadied near a two-week low on Monday as investors scaled back bets on a Federal…
Japanese yen sinks to 40-year low, keeping intervention risks in focus
The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies…
China doesn’t need to de-throne the dollar to win global currency war
Renminbi and US dollar banknotes are captured in Fuyang City, Anhui Province, China, on March 1, 2026. (Photo…
Why Japan’s intervention and a rate hike didn’t prop up the yen more
The yen rose on Monday, helped by comments from Bank of Japan Governor Kazuo Ueda who left the…
Dollar steadies following U.S. strikes on Iran and ahead of inflation data
The dollar steadied on Wednesday after the United States launched strikes against Iran, while investors awaited key U.S.…