EXCLUSIVE: Bessent's 'to do' list: buy $5-10 billion worth of Japanese yen, Reuters photo shows
A leaked document featuring Treasury Secretary Scott Bessent details a potential $5–10 billion US intervention to purchase Japanese yen.
8 trends tracked about this subject — the full history, oldest to newest below.
A leaked document featuring Treasury Secretary Scott Bessent details a potential $5–10 billion US intervention to purchase Japanese yen.
Yen hits ¥163.24 per dollar, its weakest since 1986, sparking fresh bets on early Bank of Japan rate hikes.
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The US dollar is surging as safe-haven demand spikes following renewed attacks in the Middle East and the closure of the Strait of Hormuz.
Japan's $1.8 trillion pension fund faces conflicting pressures to increase domestic holdings and alternative investments amid currency concerns.
10 news sources are covering this Business story right now — Newsylist is tracking how fast it spreads.
The Japanese yen has hit a 40-year low as U.S. stock futures pull back following a strong first half of the year.
Asian markets climb following Wall Street's tech-led rebound, while the Japanese yen drops to a 39-year low.