“Something like this is extremely rare in foreign exchange markets,” ING says.

U.S. Treasury Secretary Scott Bessent is actively supporting the Bank of Japan in stabilizing the yen amid policy and fiscal uncertainty. BOJ faces surging bond yields, illiquid JGB markets, and ...

WASHINGTON, Jan 29 (Reuters) - The U.S. Treasury said on Thursday it was strengthening scrutiny of countries' foreign exchange practices, including their interventions to resist both depreciation and ...