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Wednesday, 12 August 2026

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Economy

Nothing Britain does moves the Pound against the Dollar

The Pound Sterling (GBP) trades near 1.3450 against the US Dollar (USD) on Tuesday, higher by 0.11% inside a session range of 36 pips, the second sub-40-pip day cable has produced inside a week. The pair holds above the…

USD/JPY Faces Its First Test After Intervention

Speculation of intervention had been building for weeks as USD/JPY climbed back towards its 2024 highs. What caught markets off guard was the coordinated action with the US Treasury, giving last week’s intervention cons…

Is Bessent Buying Yen in Support of US Bonds?

The US Treasury bought Japanese yen last Friday and again Monday morning in its first coordinated intervention in the currency since 2011, following Japan’s earthquake and tsunami. It is only the third such move since 1…

Japanese Yen: Managed JPY signals new order – Rabobank

Rabobank’s Senior Market Strategist Benjamin Picton highlights coordinated action between the US Treasury and Japan’s Ministry of Finance (MoF) to defend the Japanese Yen (JPY), framing it as a potential “financial Fort…