![](https://resources.faireconomy.media/images/emojis/64/1f647-200d-2642-fe0f.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f647-200d-2642-fe0f.png?v=15.1)
User | Time | Action Performed |
---|---|---|
Japan likely spent some 5 trillion yen ($32 billion) on Monday in currency market intervention, data by its central bank and market sources showed Tuesday, in the clearest evidence yet of the nation's attempt to slow the yen's rapid fall. The government has not confirmed that it intervened after the yen on Monday tumbled versus the U.S. dollar beyond the 160 line, a 34-year low, and then jumped to the 154 zone in a short span of time. The suspected yen-buying, dollar-selling intervention could have been close to the 5.62 trillion yen Japan spent in its foray into the market on Oct. 21, 2022, the biggest ever ... (full story)
The UK manufacturing sector showed renewed signs of weakness at the start of the second quarter. April saw output and new orders slip back into contraction territory following ...
The US dollar’s rally in 2024 has accelerated, with the dollar index up 4.6% since Jan. 1. That trajectory is set to continue as market skepticism grows over the Federal Reserve’s ...
The Biden Administration has driven a historic economic recovery over the past three years. GDP growth has been strong, growing 3.0 percent over the past four quarters. Inflation ...
Treasury Secretary Janet Yellen will use a speech to the McCain Institute in Arizona on Friday to deliver a clear warning about the economic dangers presented by Jan. 6-style ...
Recent months have seen growing scrutiny on China’s trade policies. The US and various European Union governments have accused Chinese producers of attempting to address its ...
USDJPY has been in a steady uptrend since the beginning of the year, posting a fresh 34-year high on Monday. After a roller coaster session that day following speculation over a ...