Bitcoin reclaims $81,000 as DXY slips and yen intervention is suspected
Bitcoin rallied 5% in US trading hours to $81,000. The move tracked a weaker dollar as the yen strengthened, amid continuing suspected yen intervention.
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Bitcoin rallied 5% in US trading hours to $81,000. The move tracked a weaker dollar as the yen strengthened, amid continuing suspected yen intervention.
AUDNZD held near a 13-year high on Thursday, edging down 0.1% to NZ$1.2227 as markets priced diverging rate outlooks. Both currencies fell versus a surging yen amid suspected Japanese intervention.
A rally in the world's largest tech companies lifted stocks in the final stretch of a tumultuous July, as strong earnings overshadowed inflation concerns that have rattled bond markets. [13:26 ET] Suspected Yen Intervention [JPY strengthened] [09:22 ET] US Treasury has informed banks that it may intervene in the yen ma
Japan suspected of intervening in yen
Japanese Yen futures posted their largest single-day gain in 4 years, rallying 2.75% to reach a 2-month high. The sharp move higher broke a persistent 3-month downtrend that had weighed on the currency since mid-May, pushing prices to their highest levels since June 1. Market participants attributed the surge primarily
Suspected Yen Intervention