FXY News and Press, Invesco CurrencyShares Japanese Yen Trust From 07/28/23

2023-07-28 01:23:24 ET The Bank of Japan kept its key short-term interest rate unchanged at -0.1% and that of 10-year bond yields at around 0% in its July meeting by unanimous vote. The BOJ said it will still allow yields to fluctuate in the range of around plus and minus 0.5%, ...

2023-07-25 19:35:00 ET Summary The Bank of Japan will likely stay dovish for an extended period despite a solid recovery in economic growth and inflation being above target. Japan's unemployment rate has stayed around the 2%+ range since November 2020 while the labour participatio...

2023-07-24 00:57:00 ET The au Jibun Bank Japan Manufacturing PMI fell to 49.4 in July 2023 from a final 49.8 in May, a flash figure showed. It was the lowest reading since March, also marking the sixth time of contraction in factory activity so far this year, as new orders fell ...

2023-07-21 00:39:55 ET Japan's core consumer inflation stayed well above the central bank's 2% target for the fifteenth consecutive month, rose by 3.3% in June 2023 from a year ago, accelerating slightly from a 3.2% gain in May as widely expected. On a monthly basis, consum...

2023-07-20 00:54:07 ET Japan's trade balance unexpectedly shifted to a surplus of ¥43.05 billion in June 2023 from a deficit of ¥1,374.99 billion in the same period of the prior year, beating market estimates of a gap of ¥46.7 billion. It was the fi...

2023-07-18 08:14:00 ET Summary Equity markets are mixed, but mostly lower in the Asia Pacific region. The dollar is little changed against the Chinese yuan and is confined to a narrow range. The rate outlook was tweaked higher as the economists became more confident of two hik...

2023-07-17 08:18:00 ET Summary Yen, euro, and Swiss franc are enjoying a firmer tone, but only the euro has thus far extended last week's gains. The UAE and India formally announced over the weekend that they will use their respective currencies to settle bilateral trade. The ...

2023-07-15 12:00:00 ET Summary The US dollar is expected to consolidate ahead of the Federal Open Market Committee meeting on 26 July, following one of its worst weeks of the year. The Mexican peso has risen to new eight-year highs against the dollar due to its high interest rates...

2023-07-14 07:56:00 ET Summary The dollar appears to be broadly consolidating ahead of the weekend. Among the G10 currencies, the Canadian dollar's 1.2% gain is the least, and it made new 10-month highs earlier today. The beleaguered Scandis soared. The Norwegian krone's 6.6% adva...

2023-07-13 07:42:00 ET Summary The dollar is stabilizing against the yen today, but the downside momentum is intact against the other major currencies. The Canadian dollar, often a laggard in a weak US dollar environment, is holding below the highs made at the end of last month. ...