The Japanese yen rose in Asian markets on Monday against a basket of major and secondary currencies, extending its gains for a second consecutive day against the US dollar and hitting a two-week high, supported by warnings and actions from Japanese authorities aimed at backing the struggling local currency. The advance was also supported by reports that several officials at...

Kevin Warsh has intermittently pursued the position of Chair of the Federal Reserve ever since US President Donald Trump first considered nominating him nearly a decade ago. Now, as he moves closer to taking the role, the scale of the challenge ahead is coming into sharper focus. To be effective, Warsh must earn the confidence of at least three key...

The Japanese yen rose against the dollar on Friday after Japans Finance Minister Satsuki Katayama said Tokyo would not rule out any options to counter yen weakness, including coordinated intervention with the United States. The yen had earlier this week fallen to its lowest level in a year and a half. It was last up 0.3% at 158.13 per dollar,...

The euro rose in European markets on Monday at the start of the week against a basket of global currencies, beginning to recover from a two-month low hit earlier in Asian trading against the US dollar. The move was supported by negative pressure on the US currency after President Donald Trump threatened to impose tariffs on Europe as part of...