FXY News and Press, Invesco CurrencyShares Japanese Yen Trust From 05/05/23

2023-05-05 08:50:00 ET Summary The US dollar is weaker against all the G10 currencies today but the Swiss franc. The Antipodeans are the strongest (1.75%-1.90%), while the euro is the weakest. Equities were mixed in the Asia-Pacific region. Europe's STOXX 600 is edging hig...

2023-05-04 07:32:00 ET Summary CSI 300 eked out a small gain, after a disappointing Caixin manufacturing PMI. Other bourses in the region were mixed. The STOXX 600 is about 0.6% lower, while European bank shares are off for the third consecutive session. US equity futures are ...

2023-05-02 09:45:40 ET Summary The FXY Trust holds Japanese Yen. It is a direct bet on USDJPY exchange rate. Incoming BOJ governor signalled a continuation of ultra-dovish policies and a 1.5-year review process. This suggests status quo on Japanese monetary policy. Given inter...

2023-05-02 08:35:00 ET Summary The rise in US rates appeared to lend the dollar support. A surprise hike by the Reserve Bank of Australia is seeing the Australian dollar (and New Zealand dollar) traded higher. Emerging market currencies are also mostly lower today. Central Europea...

2023-05-01 07:20:00 ET Summary US equity futures are slightly firmer, and the 10-year Treasury yield is around three basis points higher, slightly above 3.45%. Japan and Australia’s equity market rose, while New Zealand slipped. The weakness of the yen helped lift the Topix...

2023-05-01 00:40:20 ET The au Jibun Bank Japan Manufacturing PMI held at a six-month high of 49.5 in April 2023, matching a preliminary reading, and after a final 49.2 in March, amid deeper economic recovery. It was the sixth straight month of contraction in factory activity but...

2023-04-29 10:01:00 ET Summary May will feature likely rate hikes by the Federal Reserve, the European Central Bank, and the Bank of England. Before the bank stress emerged, the market had priced in a peak Fed funds rate of nearly 5.75%. Now, the May hike to 5.25% is expected ...

2023-04-29 01:20:00 ET Summary Inflation remains 'unacceptably high', but banking stresses are leading to a tightening of lending conditions, which will do more to slow the economy than the likely 25bp hike on Wednesday. While the Fed will leave the door ajar for further hikes, th...

2023-04-28 01:23:42 ET The Bank of Japan as widely expected, made no changes to its yield curve control ( YCC ) policy that sets a short-term interest rate target of -0.1% and that for the 10-year bond yield around zero during its April meeting by a unanimous vote; but mod...

2023-04-28 00:59:51 ET Japan’s unemployment rate unexpectedly rose to 2.8% in March 2023 from 2.6% in February, above market consensus of 2.5%. This was the highest reading since January 2022, as the number of unemployed increased by 150 thousand to 1.95 million, the high...