US Treasury Details $97 Billion Yen Rescue Mechanism to Senator Warren
Treasury Secretary Bessent denies a US loan to Japan, detailing a yen asset swap instead of debt.
3 h ago10 min read
Forex
AUDUSD pulls back after CPI-fueled rally, 200-hour MA in focus
AUDUSD fell from a weekly high of 0.7207 after hawkish Fed comments, with the 200-hour moving average now a key support.
7 h ago7 min read
Dollar-yen climbs through 100-day MA as Powell comments support rally
USDJPY broke above its 100-day MA and 160.00, reaching 160.15, backed by hawkish Fed comments and rising US yields.
9 h ago6 min read
Market Reassesses Fed Policy after Warsh's Hawkish Tone, Dollar Strengthens
The dollar rose after Warsh's hawkish comments raised September rate hike odds to 57%, pushing the euro lower.
11 h ago5 min read
USD/JPY climbs higher as market awaits Fed Chair Warsh's address
USD/JPY extends gains as traders await Fed Chair Warsh's Jackson Hole speech for policy clues.
17 h ago10 min read
PBOC fixes USD/CNY rate at 6.7811, above 6.7208 estimate
The PBOC set the USD/CNY reference rate at 6.7811, higher than the estimated 6.7208. It also injected 353bn yuan via reverse repos.
19 h ago1 min read
BofA expects month-end flows to give dollar only slight support
BofA's model sees month-end rebalancing flows as mildly supportive for the dollar, with minor outflows expected in EUR/USD and GBP/USD.
19 h ago5 min read
Yen weakness shadows G20 as Katayama, Ueda head to Asheville talks
Yen slide towards 160 keeps markets alert for G20 signals on possible joint intervention by Japan and US.
19 h ago16 min read
Credit Agricole sees light dollar selling for month-end
Credit Agricole's month-end rebalancing model suggests light dollar selling, contrasting with BofA's view of mild dollar support.
19 h ago8 min read
Option expiries for August 28: EUR/USD at 1.1650, USD/CHF at 0.8000
Key FX option expiries on August 28 include EUR/USD at 1.1650 and USD/CHF at 0.8000, with focus on Fed Chair Warsh's speech.
19 h ago5 min read