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Posted 14 hours ago
US Treasury, Fed coordinate yen intervention reversing months of losses
The US and Japan executed coordinated intervention to reverse sustained yen weakness that has fueled inflation in Japan and disrupted global markets. USD/JPY correction signals a dovish Fed pivot and restored Treasury credibility on currency management. JPY strength may persist if coordination signals policy shifts affecting carry trades and risk appetite.
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8 hours ago
USD: Intervention-Driven Pullback Tests Bullish Macro Support
Despite hawkish Fed signals, rising yields, and rebounding oil supporting USD strength, Japan's $59 billion intervention and US-Japan cooperation sparked a sharp correction. The dollar faces a critical decision: consolidate losses as temporary pullback or signal broader trend reversal. Watch key support levels and intervention commentary for directional confirmation.
https://www.actionforex.com/action-insight/market-overview/weekly-report/649254-dollar-hit-by-intervention-despite-bullish-macro-factors-correction-or-reversal/New to MyTradingLand?
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