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Japan and the US Treasury Department are now working together to a degree unseen in decades to shore up the currency. Bloomberg Intelligence's Stephen Chiu explains. (Source: Bloomberg)
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Washington's decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention.
Washington's decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention.
Japan and the United States intervened in currency markets to address yen volatility. This joint action followed a September 2025 finance ministers' statement.
Gold (XAU/USD) struggles to capitalize on a modest weekly bullish gap opening and remains below the $4,100 mark heading into the European session.
Foreign investors net bought bonds under the fully accessible route worth almost $4 billion since the start of June