Bessent Dares Traders to Bet Against Him on USD/JPY
US Treasury Secretary Scott Bessent says he has an information edge over Bank of Japan policy and is daring traders…
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Yen Extends Rally to Seven-Month High as Dollar, Euro Hold Steady Ahead of Fed, ECB, BoJ Meetings
The yen extended its rally to a seven-month high on Wednesday, gaining 4% in September, while the dollar and euro…
US mortgage rates hit one-year high as Iran conflict pushes Treasury yields toward 4.8%
The average 30-year fixed mortgage rate jumped to 6.85% last week, its highest level in more than a year, as…
Bessent dares investors to short the yen as Treasury lifts bond buybacks to $6 billion
U.S. Treasury Secretary Scott Bessent says he has inside knowledge of Japanese policy and is daring investors to short the…
Dollar Hovers Near Seven-Month Low Against Yen as Oil Tops $100
The dollar hovered near a seven-month low against the yen on Wednesday as oil prices climbed above $100 a barrel…
