FXY News and Press, Invesco CurrencyShares Japanese Yen Trust From 05/13/23

2023-05-13 01:15:00 ET Summary Since February, Asian exchange rates have not been tracking EUR/USD as closely as they did last year. We look for economic answers to this conundrum and consider how long this may last. We spend a lot of time and effort forecasting individual Asi...

2023-05-12 11:28:00 ET Summary Fresh turmoil in the US banking sector is raising the chances of dollar underperformance in the latter part of the year when we expect the Fed to cut rates by 100bp and US-eurozone divergence to drive EUR/USD to a 1.20 peak. However, some risks ...

2023-05-12 07:10:00 ET Summary The dollar sprang higher yesterday, but follow-through buying today has been limited. Both the large and regional bank indices made new lows for the week yesterday. Barring a 2.7% rally today, the KBW large bank index will finish lower for the fourth...

2023-05-11 06:55:00 ET Summary The US dollar has come back bid today and is rising by 0.25-0.50% against all the G10 currencies. The Australian dollar is off the most after reaching its strongest level since late February yesterday. Sterling is a middling performer today ahead of ...

2023-05-11 02:02:45 ET Japan's current account surplus decreased sharply to ¥ 2,278.1 billion in March 2022 from ¥3,235.3 billion in the same month a year earlier. While marking the second straight month of surplus in the current account, the latest read...

2023-05-10 08:12:00 ET Summary The large bourses in the Asia-Pacific region, with the exception of India, worked lower. Europe’s STOXX 600 is off for the second consecutive session. US futures have a heavier bias. The dollar has been confined to narrow ranges agains...

2023-05-09 08:38:00 ET Summary Equities are mostly lower, with Japan a notable exception. Concerns about China's economy after a sharp decline in imports took mainland and Hong Kong-listed companies sharply lower. Europe's STOXX 600 is giving back yesterday's 0.35% gain plus more....

2023-05-08 07:46:00 ET Summary China led Asia-Pacific bourses higher, with Japan a notable exception. Relative strength of the yen seemed to offset the modest regional gains, weighing on Japanese equities. Europe’s STOXX 600 has extended the gains from the end of last week,...

2023-05-07 08:40:00 ET Summary The drop in US interest rates helped the yen recover impressively from the sell-off sparked by the Bank of Japan meeting at the end of April. April CPI (May 10) is expected to have risen by 0.4%, which would leave the year-over-year rate unchanged at...

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...