US Treasury May Intervene In JPY
US Treasury considers intervening in yen
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US Treasury considers intervening in yen
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
Wall Street traders sent stocks stumbling as a chipmaker rally faded and bond losses increased, indicating that the market is struggling to process Federal Reserve Chair Kevin Warsh's message this week. [09:22 ET] US Treasury has informed banks that it may intervene in the yen market on Friday - Source Familiar With Th
US stocks fell, erasing earlier gains that were driven by Amazon’s 14% share surge. The company’s stellar results had lifted a broad sweep of companies benefiting from zeal for artificial intelligence. [09:22 ET] US Treasury has informed banks that it may intervene in the yen market on Friday - Source Familiar With The
Technology stocks rallied globally as investors returned to the AI trade following this week’s sharp selloff, with South Korean equities posting a record gain. The Yen weakened, giving back some of its recent intervention-driven gains. [09:22 ET] US Treasury has informed banks that it may intervene in the yen market on
US Treasury has informed banks that it may intervene in the yen market on Friday - Source Familiar With The Matter.
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
**Notes/Observations** - Month-end data flow was broadly constructive for the eurozone but added to the ECB's policy dilemma. French preliminary June CPI surprised to the downside at 1.8% y/y (vs 2.0%e), bringing headline inflation back to target for the first time in three months, while French consumer spending (+0.5%