Why A 'Suspected' Yen Intervention Just Sent The Dollar Sliding
The U.S. dollar is once again under pressure, on track for its worst two-day decline since April 2025, as mounting speculation over currency intervention to support the Japanese yen rippled across global markets. The U.S. dollar index (DXY) — widely tracked through the Invesco DB US Dollar Index Bullish Fund (NYSE:UUP) — fell 0.6% on Monday, extending Friday's 0.9% drop. At the center of the turbulence is the yen. T…
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