When Safe Havens Sink
For decades, financial orthodoxy has rested on a comforting assumption: when panic strikes, investors flee to the usual shelters — US Treasuries, gold, the yen,...
Tag: YEN
Dollar in Hell
Donald Trump has finally said the quiet part out loud. Asked in Iowa whether he was concerned by the dollar’s slide, the US president smiled...
When Silence Becomes Intervention
By quietly asking New York traders to confirm prices as the yen surged on Friday, US authorities sent a message louder than any communiqué: the...