U.S. Backs Japanese Yen As Bessont Signals Currency Intervention 

U.S. Backs Japanese Yen As Bessont Signals Currency Intervention 

Treasury Secretary’s Notes Reveal Plan to Support Yen Washington and Tokyo Coordinate Rare Currency Market Action The United States has stepped in to support the Japanese yen, with U.S. Treasury Secretary Scott Bessent at the centre of the intervention. A photograph taken during a cabinet meeting at Camp David on Friday captured a notepad in […]

US Dollar Hits NEW LOWS Amid Trump’s Strife with the Federal Reserve

US Dollar Hits NEW LOWS Amid Trump’s Strife with the Federal Reserve

The US dollar index slid to a 15-month low, falling against the euro, British pound, Japanese yen, and Swiss franc. US stocks have also trended downward, with the S&P 500 dropping more than 2.5%. The Nasdaq took the biggest hit, plummeting over 3%, according to The Wall Street Journal. Meanwhile, gold is performing strongly, soaring […]