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…
Forex News
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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…
EUR/USD slips as Warsh flags more Fed work on inflation
The euro dropped against the dollar on Friday after Federal Reserve Chair Kevin Warsh used his debut Jackson Hole speech…
Dollar braces for Warsh’s Jackson Hole speech, EUR/USD parked at key levels
Major dollar pairs, including EUR/USD, have parked near key technical levels ahead of Fed Chair Warsh's speech at Jackson Hole,…
