FXY News and Press, Invesco CurrencyShares Japanese Yen Trust From 06/29/23

2023-06-29 07:32:00 ET Summary The US dollar is narrowly mixed against the G10 currencies. Stronger-than-expected Australian retail sales helped steady the currency after the soft inflation data took it down. Sterling has also steadied after it suffered its largest loss yesterday ...

2023-06-29 01:12:17 ET The consumer confidence index in Japan ticked up to 36.2 in June of 2023 from 36 in the previous month, matching market forecasts of 36.2. It was the highest reading since January 2022, as the economy recovered further from pandemic disruptions. Ho...

2023-06-29 01:01:32 ET Retail sales in Japan increased by 5.7 percent year-on-year in May 2023, accelerating from a marginally revised 5.1 % gain in the prior month and exceeding market expectations of 5.4 percent. This was the 15th straight month of growth in retail trade. ...

2023-06-28 12:44:53 ET Summary The Japanese Yen has weakened by over 5% since early May due to the BOJ's decision to maintain its ultra-dovish policies. This is in contrast to other central banks worldwide, which have adopted more hawkish stances towards inflation. While fundament...

2023-06-28 07:52:00 ET Summary The US dollar is rising against nearly all the G10 currencies, with the Antipodeans bearing the brunt after a softer-than-expected Australian inflation report. The yen has steadied after extending its losses to new lows for the year. The large As...

2023-06-27 07:20:00 ET Summary The US dollar is lower against most of the G10 currencies but the Japanese yen and Norwegian krone. It also slipped to a new nine-month low against the Canadian dollar. EM currencies are also mostly firmer, with the notable exceptions of the Russian ...

2023-06-26 09:18:43 ET Summary The Nikkei has outperformed the S&P 500, showing solid gains when measured in both local currency and U.S. dollars. One of the significant factors contributing to the rally has been the string of robust corporate results. The key consideratio...

2023-06-26 07:22:00 ET Summary The yen leads the G10 currencies higher with about a 0.35% gain. The Swedish krona and the Australian dollar are the chief laggards today. EM currencies are mixed. The Chinese yuan and Russian rouble are trading lower, and the Turkish lira has been t...

2023-06-26 07:00:00 ET Summary Persistent inflation is forcing central bankers to tighten more forcefully, risking a surge in yields and associated market and economic instability. Persistent inflation is forcing central bankers to tighten more forcefully, risking a surge in yield...

2023-06-25 00:15:00 ET Summary The market has been skeptical of the Fed's hawkishness. We look for the market to move toward the Fed (again), perhaps helped by another sticky core PCE deflator, which is seeing little improvement. This adjustment may help the dollar extended it...