|
|
|
|
|
|
|
|
|
01.08.26 - 10:48
|
Bessent ′to-do′ list shows proposal for US to buy $5bn-$10bn of Japanese yen (The Guardian)
|
|
|
Treasury secretary's notepad, photographed by Reuters on Friday morning, prompts questions over US plansDuring a cabinet meeting at Camp David on Friday, the US treasury secretary Scott Bessent carelessly revealed plans for the US to buy $5bn-$10bn in Japanese yen in a scribbled “to do” list left visible to a Reuters photographer.The image, taken over Bessent's shoulder during a portion of the meeting open to journalists, showed a Camp David notepad with the underscored words “To Do” followed by “Buy Japanese Yen (JPY) $5-10 bil”. Continue reading......
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
31.07.26 - 21:39
|
US Treasury Informed Banks It May Intervene In Japan′s Yen, As Market Laughs At BOJ′s Own Attempts To Prop Up Currency (ZeroHedge)
|
|
|
US Treasury Informed Banks It May Intervene In Japan's Yen, As Market Laughs At BOJ's Own Attempts To Prop Up Currency
While the BOJ understandably refuses to admit it spent a record $140BN (across all markets, $90BN on EBS) to briefly manipulate the Japanese yen higher...
... ahead of yet another disappointing (non-rate hike) decision (according to some calculations, Japan's central bank is about 100 bps of rate hikes behind to stop the ongoing collapse of the yen), others are less shy.
According to Reuters, similar to the last failed intervention by Japan and citing "a source familiar with the matter", the US Treasury informed a number of banks that it may intervene in the Japanese yen market on Friday and that they should "stand ready for future action."
The notice to banks, channeled through the Federal Reserve Bank of New York, comes a day after Japanese authorities stepped in to prop up the yen, setting the currency up for its biggest weekly rise since Febr...
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
