Asia
JapanUS Treasury Intervenes to Support Japanese Yen
Treasury Secretary Scott Bessent defended US intervention to support the Japanese yen, warning that extreme volatility could raise American borrowing costs, and confirmed the exchange of existing foreign-currency assets for yen.
Quorum · collective opinions
USD/JPY Surges Above 160 Amid Record Japanese Yen Intervention
First report 5h agoLast update 5h ago1 takes 1
neutral factualneutralShow 1 post
started 5h ago•Last update 5h ago
Reports indicate the USD/JPY exchange rate's movement and Japan's significant intervention efforts to stabilize the yen.
iWitness comments
No comments yet — be the first to weigh in.