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U.S. Treasury Secretary Bessenter: Japan is working to curb the undervaluation of the yen.

2026-08-04

U.S. Treasury Secretary Bessenter: Japan is working to curb the undervaluation of the yen.

Other News
2026-08-04

Atsushi Takeuchi, a former Bank of Japan board member who took part in Tokyo's intervention over a decade ago, said the US and Japan would "definitely" carry out joint intervention if the yen shows renewed weakness. He called the prior US-Japan actio

Atsushi Takeuchi, a former Bank of Japan board member who took part in Tokyo's intervention over a decade ago, said the US and Japan would "definitely" carry out joint intervention if the yen shows renewed weakness. He called the prior US-Japan action highly effective and said it created market consensus that the yen will not continue to weaken unilaterally; he sees USD/JPY trading in a 155-162 range near term and said he would not bet on USD/JPY if he ran a hedge fund. Takeuchi added that if the yen holds above 160 for about a week markets would treat that as a short-term bottom and begin to push the currency stronger.
2026-08-04

BP CEO says the company is delaying the sale of its stake in Gulf of Mexico assets.

BP CEO says the company is delaying the sale of its stake in Gulf of Mexico assets.
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