# intervention (blogs) — RSS Amplifier Recent posts from the 12 feeds in the RSS Amplifier directory that cover intervention. Page: Feed: --- ## [To Support the US Treasury Market, Bessent Sent the Greenback Reeling](https://www.marctomarket.com/2026/08/to-support-us-treasury-market-bessent.html) _2026-08-20 · Marc Chandler · Marc to Market Marc Chandler on Global FX and Capital Markets_ The US Treasury announcement early in North America yesterday that it would at least double the size of liquidity support buyback operations for longer-dated nominal coupon securities. The current maximum size is $16 bln a quarter. The stepped-up purchases will take effect on September 9. Treasury will provide more information about future buyback sizes at the next quarterly refunding,… ## [The Era of Policy Ineptitude](https://bobeunlimited.substack.com/p/the-era-of-policy-ineptitude) _2026-08-20 · Bob Elliott · Nonconsensus_ For all the talk about lower yields, lower inflation, and lower oil prices coming soon, US policymakers are instead fumbling along hoping that rhetoric without firm action will somehow change reality. ## [Trump backs crypto bill, urges action amid Senate holdup](https://www.dailysabah.com/business/finance/trump-backs-crypto-bill-urges-action-amid-senate-holdup) _2026-08-20 · DAILYSABAH_ U.S. President Donald Trump urged Congress to pass legislation aimed at establishing clearer rules for the cryptocurrency industry. It’s a top priority for industry executives, who... ## [US national debt tops $40T for 1st time, doubles in under decade](https://www.dailysabah.com/business/economy/us-national-debt-tops-40t-for-1st-time-doubles-in-under-decade) _2026-08-19 · DAILYSABAH_ The U.S. national debt has surged past $40 trillion for the first time, more than doubling in less than a decade as Washington's mounting fiscal burden reaches another histori... ## [Türkiye weighs measures as it puts 'hot money' under scrutiny](https://www.dailysabah.com/business/economy/turkiye-weighs-measures-as-it-puts-hot-money-under-scrutiny) _2026-08-19 · DAILYSABAH_ Türkiye is assessing short-term capital flows, particularly the growing amount of foreign and institutional money flowing into money market funds, reports said Wednesday. Authorit... ## [Three-Day Reprieve for Canada from US Tariffs](https://www.marctomarket.com/2026/08/three-day-reprieve-for-canada-from-us.html) _2026-08-19 · Marc Chandler · Marc to Market Marc Chandler on Global FX and Capital Markets_ The US dollar remains on the defensive . It is lower against the G10 currencies but the Australian dollar, which is nursing a small loss. By a narrow margin, the Japanese yen is leading pack, though the greenback has held above JPY159 in Europe. The Canadian dollar is firm and testing yesterday’s high after a last-minute postponement of the US tariffs for three days pending continued talks. The… ## [3Q26 Starts With A Whimper](https://bobeunlimited.substack.com/p/3q26-starts-with-a-whimper) _2026-08-19 · Bob Elliott · Nonconsensus_ Across demand, employment, manufacturing, and housing, timely hard data measures of growth look to be softening right at a time when forward growth expectations are near highs. ## [Why are Argentine families drowning in debt under Milei?](https://www.dailysabah.com/business/economy/why-are-argentine-families-drowning-in-debt-under-milei) _2026-08-18 · DAILYSABAH_ A year after taking out a loan in Buenos Aires, Andrea is overwhelmed by shame because she can no longer pay it back. And she is not alone. Debt delinquency among Argentine famil... ## [Everyone Is A Loser in Today's AI Boom (Except Chips)](https://bobeunlimited.substack.com/p/everyone-is-a-loser-in-todays-ai) _2026-08-18 · Bob Elliott · Nonconsensus_ While AI manics cheer topline growth, nearly every party in the AI ecosystem is spending more than they are earning, an unsustainable growth engine until huge expected real economy benefits come. ## [The Dollar is Mostly Firmer but in Narrow Ranges](https://www.marctomarket.com/2026/08/the-dollar-is-mostly-firmer-but-in.html) _2026-08-18 · Marc Chandler · Marc to Market Marc Chandler on Global FX and Capital Markets_ The US dollar is mostly firmer against the major currencies. The Australian and Canadian dollars are the exception, but their gains are minor. Still, the Canadian dollar’s resilience in the face of the US tariffs it faces first thing tomorrow is notable. While some progress has been reported, it seems too close to call. October WTI is at a new high for the month, a little over $85. Bond markets… ## [Open-source Screen Sharing with Control (Sponsored)](https://crawlproof.com/a/d3UWFfXzJBPJ) _2026-08-18 · **Sponsored**_ WebRTC screen sharing with simultaneous mouse & keyboard control; viewers join in browser. ## [You Asked. We Listened. New STARI Curriculum Updates for 2026-27](https://www.serpinstitute.org/news/you-asked-we-listened-new-stari-curriculum-updates-for-2026-27) _2026-08-18 · News_ In response to teacher feedback and research-based best practices, we have made a number of revisions to the STARI curriculum for the 26-27 school year. It’s important to note that no content has changed! The texts, skills, and debate questions all stayed the same. The revisions have added supports for students , particularly in the areas of vocabulary and language development, and made the… ## [Historic data indicates AI market correction is likely: ECB blog](https://www.dailysabah.com/business/finance/historic-data-indicates-ai-market-correction-is-likely-ecb-blog) _2026-08-17 · DAILYSABAH_ A market correction to tech stock grandiosity in the U.S. is likely and might have far-reaching consequences due to limits in fiscal and ​monetary policy buffers to blunt the poten... ## [Şimşek says fiscal discipline intact despite budget swinging to deficit](https://www.dailysabah.com/business/economy/simsek-says-fiscal-discipline-intact-despite-budget-swinging-to-deficit) _2026-08-17 · DAILYSABAH_ Türkiye's central government budget swung to a deficit in July, but Treasury and Finance Minister Mehmet Şimşek said the government remains on track with its fiscal targets de... ## [Dollar's Losses Extended, but Stabilizing Ahead of the North American Session](https://www.marctomarket.com/2026/08/dollars-losses-extended-but-stabilizing.html) _2026-08-17 · Marc Chandler · Marc to Market Marc Chandler on Global FX and Capital Markets_ The US dollar continues to trade heavily after the series of softer than expected data since the loss of US jobs in July. The stabilization of price pressures and the decline in retail sales have seen the market downgrade the chances of a rate hike next month. At the end of July, the market was discounted a little more than a 70% chance of a hike and now it is about 30%. In the current… ## [Stuck in the Malaise Loop](https://bobeunlimited.substack.com/p/stuck-in-the-malaise-loop) _2026-08-17 · Bob Elliott · Nonconsensus_ Domestic conditions are weakening as the deleveraging becomes more entrenched. Without significant government effort to reverse the dynamics, China looks stuck in a self-reinforcing negative dynamic. ## [The Week Ahead 2026.08.16](https://bobeunlimited.substack.com/p/the-week-ahead-20260816) _2026-08-16 · Bob Elliott · Nonconsensus_ Last week saw growth boom expectations stay firmly in place despite continued soft data. This week the AI themes will get all the attention as folks wait for NVDA to wrap up the season. ## [German companies' investment in US falls to 3-year low in H1](https://www.dailysabah.com/business/economy/german-companies-investment-in-us-falls-to-3-year-low-in-h1) _2026-08-16 · DAILYSABAH_ German companies' investments in the U.S. have dropped to a three-year low in the first ​half of 2026, as Trump administration policies continue to raise uncertainty and pose... ## [Week Ahead: Downward Data Surprise Stretch the US Dollar's Momentum Indicators](https://www.marctomarket.com/2026/08/week-ahead-downward-data-surprise.html) _2026-08-15 · Marc Chandler · Marc to Market Marc Chandler on Global FX and Capital Markets_ The combination of a loss of US jobs in July and softer inflation gauges, and an unexpected decline in July retail sales saw the derivatives market downgrade the chances that the three hawkish dissents last month will manage to convince their colleagues to hike rates at next month's FOMC meeting. The Fed funds futures finished last week with a little less than eight basis points of tightening next… ## [Response To Readers: Regarding “The Myth Of Yen Intervention And US Interest Rates”](https://richardkatz.substack.com/p/response-to-readers-regarding-the) _2026-08-14 · Richard Katz · Japan Economy Watch_ Response To Readers: Regarding “The Myth Of Yen Intervention And US Interest Rates” ## [USD Trades Heavier and Look for North America to Follow Suit](https://www.marctomarket.com/2026/08/usd-trades-heavier-and-look-for-north.html) _2026-08-14 · Marc Chandler · Marc to Market Marc Chandler on Global FX and Capital Markets_ Tomorrow is the 55th anniversary of the end of Bretton Woods. R.I.P. It was an economic agreement, pegging the dollar to gold and the other currencies to the dollar, and establishing the World Bank, and the International Monetary Fund. Ultimately, however, it was political in nature. It was an exercise in the Golden Rule. He with the gold makes the rules. The US, the world’s only meaningful… ## [Zero-Persistence E2EE (Sponsored)](https://crawlproof.com/a/3CqF6Zpfz4lD) _2026-08-14 · **Sponsored**_ End-to-end encryption with client-side WebCrypto and volatile memory. ## [Signs of Consumer Exhaustion](https://bobeunlimited.substack.com/p/signs-of-consumer-exhaustion) _2026-08-14 · Bob Elliott · Nonconsensus_ US HH carried the economy in 1H26 with their surge in spending. Without their blowout spending, growth is likely to be far slower than many expect. ## [Becalmed FX Market](https://www.marctomarket.com/2026/08/becalmed-fx-market.html) _2026-08-13 · Marc Chandler · Marc to Market Marc Chandler on Global FX and Capital Markets_ The US dollar is mixed against the G10 currencies. Despite yesterday’s constructive price action, there has been little follow-through buying today. Mostly narrow ranges prevail. While the Japanese government reported signaled acceptance of faster rate hikes, the greenback has held above JPY159 and the 10-year JGB yield edged higher. It has not fallen since last Thursday. US Energy Secretary… ## [Becalmed FX Market](https://www.marctomarket.com/2026/08/becalmed-fx-market.html) _2026-08-13 · Marc Chandler · Marc to Market Marc Chandler on Global FX and Capital Markets_ The US dollar is mixed against the G10 currencies. Despite yesterday’s constructive price action, there has been little follow-through buying today. Mostly narrow ranges prevail. While the Japanese government reported signaled acceptance of faster rate hikes, the greenback has held above JPY159 and the 10-year JGB yield edged higher. It has not fallen since last Thursday. US Energy Secretary… ## [UK Hanging In There](https://bobeunlimited.substack.com/p/uk-hanging-in-there) _2026-08-13 · Bob Elliott · Nonconsensus_ Past easing of policy helped keep the economy steady despite the recent oil shock. But more notable has been the fading of inflation which takes pressure of the BoE to do anything soon. ## [Turkish central bank lifts 2026 inflation forecast, vows tight stance](https://www.dailysabah.com/business/finance/turkish-central-bank-lifts-2026-inflation-forecast-vows-tight-stance) _2026-08-13 · DAILYSABAH_ Turkish central bank lifted its inflation forecast for the end of 2026 to 28% but left its interim inflation target for the same period unchanged at 24%, while pledging to maintain... ## [Myth: US Intervened to Support Yen Out Of Fears About US Interest Rates](https://richardkatz.substack.com/p/myth-us-intervened-to-support-yen) _2026-08-12 · Richard Katz · Japan Economy Watch_ At 2.7%, Japan's Share of Treasury Debt Is Too Small To Impact US Rates ## [The Imaginary Boogeyman](https://bobeunlimited.substack.com/p/the-imaginary-boogeyman) _2026-08-12 · Bob Elliott · Nonconsensus_ While many wring their hands on socials about inflation pressures today, the underlying data across most categories point to subdued consumer price growth ahead absent a renewed oil shock. ## [US Dollar is Mixed Ahead of July CPI](https://www.marctomarket.com/2026/08/us-dollar-is-mixed-ahead-of-july-cpi.html) _2026-08-12 · Marc Chandler · Marc to Market Marc Chandler on Global FX and Capital Markets_ The US dollar is mixed. It is mostly softer against the G10 currencies, though sterling, the Australian dollar, and Japanese yen are slightly firmer. The greenback is a bit weaker against most of the emerging market currencies. Of note, the PBOC set the dollar’s reference rate at a new 3.5-year low, and the Mexican peso is at its best level since the Mexican election in the middle of 2024. The… ## [Yen Has Already Given Up Half Of Its Gains From Joint US-Japan Intervention](https://richardkatz.substack.com/p/yen-has-already-given-up-half-of) _2026-08-12 · Richard Katz · Japan Economy Watch_ Interest Rates Show No Big Reaction to Takaichi Fiscal Package ## [Education News Update » 08-11-26](https://www.serpinstitute.org/news/education-news-update-08-11-26) _2026-08-11 · News_ I'm Begging: Never Write With A.I., After Losing a Grant, Teacher Turnover ## [Non-Custodial Crypto Gateway (Sponsored)](https://crawlproof.com/a/UryWw2RCGej7) _2026-08-11 · **Sponsored**_ Accept multi-chain crypto, automated fee handling, and trustless escrow with real-time settlement. ## [Parallel Play or Joint Intervention?](https://www.marctomarket.com/2026/08/parallel-play-or-joint-intervention.html) _2026-08-11 · Marc Chandler · Marc to Market Marc Chandler on Global FX and Capital Markets_ The Bank of Japan intervened in the foreign exchange market in late July. Initial indications put the operation at roughly JPY8.45 trillion, near $52.8 bln, as the dollar approached JPY164. The mechanics repeated a pattern seen in January. The Federal Reserve reportedly checked on rates, which is routine. What was not routine is that it did so on behalf of the US Treasury. This time, the US… ## [Will the Iranian Economy Break First?](https://bobeunlimited.substack.com/p/will-the-iranian-economy-break-first) _2026-08-11 · Bob Elliott · Nonconsensus_ While the US hopes to wait out Iran, the domestic macro data suggests it could be months or even years before the economic pressures become painful enough to force a shift in policy. ## [Hope of Re-Opening the Strait of Hormuz Fades and Markets Test Resolve of Putting Floor Under the Yen](https://www.marctomarket.com/2026/08/hope-of-re-opening-strait-of-hormuz.html) _2026-08-11 · Marc Chandler · Marc to Market Marc Chandler on Global FX and Capital Markets_ US officials have been playing up the possibility of a near-term agreement with Iran. The market remains skeptical and has extended the recovery in oil prices. Brent futures are rising for a fifth session and reached $90 a barrel, a seven-day high. September WTI is up nearly $2 today, after rising nearly $4 yesterday and $3 in the last two sessions of last week. Rising oil prices are helping lift… ## [Libya's central bank governor tenders resignation: Report](https://www.dailysabah.com/business/finance/libyas-central-bank-governor-tenders-resignation-report) _2026-08-10 · DAILYSABAH_ The governor of Libya's central bank, Naji Issa, is said to have tendered his resignation to the country's rival legislative chambers, according to a Reuters report on Mo... ## [Australia’s Alternative Reality](https://bobeunlimited.substack.com/p/australias-alternative-reality) _2026-08-10 · Bob Elliott · Nonconsensus_ Both the US and Australia faced elevated inflation and a decently strong economy driven by a building asset boom. They took very different paths. ## [Macro Compass](https://mspen.substack.com/p/macro-compass-dee) _2026-08-10 · Michael Spencer · Michael Spencer_ The macro backdrop is moving closer to Goldilocks, but markets are increasingly positioned for it. ## [The Week Ahead 2026.08.09](https://bobeunlimited.substack.com/p/the-week-ahead-20260809) _2026-08-09 · Bob Elliott · Nonconsensus_ As the market winds down what has been another extraordinary earnings season, we get a timely read on US inflation and demand which will give some sense of how 2H26 is starting off. ## [Book Review: Unsafe: The Carceral Roots of the Anti-Trans Backlash by Sarah Lamble](https://scottishlesbians.substack.com/p/book-review-unsafe-the-carceral-roots) _2026-08-08 · Scottish Lesbians · Scottish Lesbians_ Reviewed by Lorraine ## [Labor Market Languishing](https://bobeunlimited.substack.com/p/labor-market-languishing) _2026-08-07 · Bob Elliott · Nonconsensus_ For all the hope that labor markets were going to pick up, the reality looks pretty soft with roughly zero job growth, tactical momentum slowing, and wage growth at cycle lows. ## [Glitter Is Back In Style](https://bobeunlimited.substack.com/p/glitter-is-back-in-style) _2026-08-06 · Bob Elliott · Nonconsensus_ Gold has quietly built a stronger foundation than many realize. With steady physical demand, limited new supply, and ETF positioning still subdued, it may not take much to drive the next leg higher. ## [Defying Reality](https://bobeunlimited.substack.com/p/defying-reality) _2026-08-05 · Bob Elliott · Nonconsensus_ Oil prices are learning heavily on admin rhetoric to price high confidence of a near-term deal even as the actual flow of barrels out of the gulf is becoming increasingly constrained. ## [Yen intervention aimed at averting wider Asian instability: US](https://www.dailysabah.com/business/finance/yen-intervention-aimed-at-averting-wider-asian-instability-us) _2026-08-05 · DAILYSABAH_ A recent historic intervention conducted jointly by the U.S. and Japan to shore up the weakening yen risked hitting other Asian markets, U.S. Treasury Secretary Scott Bessent said,... ## [Why We Added Vocab Catchers to STARI](https://www.serpinstitute.org/news/why-we-added-vocab-catchers-to-stari) _2026-08-04 · News_ One of the strengths of STARI has always been that it continues to evolve alongside the educators who use it. As teachers implement the curriculum in classrooms across the country, they share what is working, what their students need, and where they see opportunities for improvement. Those conversations directly inform updates to the curriculum. One of the most significant changes to recent STARI… ## [Crude’s Inventory Conundrum](https://bobeunlimited.substack.com/p/crudes-inventory-conundrum) _2026-08-04 · Bob Elliott · Nonconsensus_ Limited reduction in crude inventories globally suggest that the oil supply cuts have been absorbed by an extraordinary reduction in demand. Much more likely its China’s obfuscated inventory cuts. ## [AUDUSD: From Spot Signal to Volatility Trade](https://mspen.substack.com/p/audusd-from-spot-signal-to-volatility) _2026-08-04 · Michael Spencer · Michael Spencer_ Working Paper No. 2 — Markets & Spencer FX & Macro Research ## [CNN Interviews Me On Joint US-Japan Intervention To Strengthen the Yen](https://richardkatz.substack.com/p/cnn-interviews-me-on-joint-us-japan) _2026-08-04 · Richard Katz · Japan Economy Watch_ CNN interviewed me today about the joint US-Japan intervention to strengthen the yen. ## [A Well Timed Intervention](https://bobeunlimited.substack.com/p/a-well-timed-intervention) _2026-08-03 · Bob Elliott · Nonconsensus_ While intervention on its own rarely changes the trajectory of exchange rate markets, conditions are aligning to support the JPY here and the Treasury & MoF efforts are a kickstart to grind higher. ## [MACRO COMPASS](https://mspen.substack.com/p/macro-compass-935) _2026-08-03 · Michael Spencer · Michael Spencer_ The Market’s Focal Point is Changing ## [SDT decisions: 3 August 2026](https://www.lawgazette.co.uk/sdt-and-sra-interventions/sdt-decisions-3-august-2026/5127548.article) _2026-08-03 · Law Gazette - SDT & SRA interventions latest_ Decisions filed recently with the Law Society (which may be subject to appeal). ## [Week Ahead 2026.08.02](https://bobeunlimited.substack.com/p/week-ahead-20260802) _2026-08-02 · Bob Elliott · Nonconsensus_ The bond market takes center stages as the QRA, employment report, and whether the JPY intervention continues will set the tone for duration currently at multi-decade highs in yield.