-
'Absolutely not': Bessent shuts down report of U.S. currency intervention
Treasury Secretary Scott Bessent on Wednesday shut down reports that the U.S. is stepping into the currency market with the Japanese yen on intervention watch and the American dollar hitting multiyear lows. “Absolutely not,” Bessent told CNBC’s Sara Eisen, responding to a question about if the U.S. is intervening in the currency market or strengthening the yen. The U.S. dollar index , which tracks the American currency against a basket of foreign peers, fell 1.3% on Tuesday, marking its biggest one-day slide since April. The dollar index also fell to its lowest level since 2022 during the session, but ticked ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From advisorperspectives.com|Jan 28, 2026There are roughly 370,000 nuclear bunkers in Switzerland, a legacy of the Cold War that are now rarely used. One of them, though, is a hive of activity. Every week, more than a ...
From @MaceNewsMacro|Jan 28, 2026|4 commentsBANK OF CANADA'S MACKLEM TO REPORTERS: WHETHER YOU ARE HIT WITH TARIFFS OR NOT, OUR RELATIONSHIP WITH US HAS FUNDAMENTALLY CHANGED #Canada #tariffs #Macklem BoC's Gov. Macklem: Canadian businesses' adjustment to US tariffs will last at least through end-2027. MACKLEM SAYS A LOSS OF FED INDEPENDENCE 'WOULD AFFECT US ALL' BOC'S MACKLEM: POWELL IS DOING A GOOD JOB AT FED BOC'S MACKLEM: I HOPE THE FED RETAINS ITS INDEPENDENCE
From deriv.com|Jan 28, 2026XRP’s price action is telling a familiar crypto story: analysts say institutions are still buying while retail traders are quietly stepping away. Spot ETF inflows into XRP surged ...
-
- Newer Stories
From beemarkets.com|Jan 28, 2026BitMEX co-founder Arthur Hayes is known for his bold market calls, and his latest theory connects brewing trouble in Japan with a potential surge for Bitcoin. He argues that a ...
From finance.yahoo.com|Jan 28, 2026|2 commentsWith the Federal Reserve widely expected to hold interest rates steady Wednesday afternoon, all eyes are on Fed Chair Jerome Powell’s press conference and what clues he provides ...
From cointelegraph.com|Jan 28, 2026Sellers are attempting to maintain Bitcoin below the $90,500 level, but the bulls continue to exert pressure. Fundstrat managing partner Tom Lee said on CNBC that cryptocurrencies ...
