FXY News and Press, Invesco CurrencyShares Japanese Yen Trust From 08/08/23

2023-08-08 06:56:00 ET Summary Equities are weak, but bond markets are strong despite the surprise tax on Italian banks announced yesterday and the kick-off of the US $103 billion refunding today. Outside of Japan and Australia, Asia-Pacific equity markets were lower led by a 1.8%...

2023-08-08 01:45:23 ET Japan's current account surplus jumped to ¥1,508.8 billion in June 2023 from ¥497.9 billion in the same month a year earlier, exceeding market forecasts of a gain of ¥1,395 billion, a fifth straight month of surplus in the current account, as t...

2023-08-07 06:58:00 ET Summary The US dollar is recovering today after it was sold following the jobs report before the weekend. It is enjoying a firmer bias against nearly all the G10 currencies. Most EM currencies are softer, with only a few Asian currencies edging higher today,...

2023-08-05 10:45:00 ET Summary US CPI likely to rise for the first time since June 2022, while China's CPI is expected to go negative on a year-over-year basis. Divergence in policy is driving the exchange rate, with Beijing using soft power to moderate the yuan's weakness. St...

2023-08-04 09:50:00 ET Summary The dollar is mixed against the G10 currencies. The Scandis and Antipodeans are advancing. The Swiss franc is leading the losers, with a 0.4% decline after yesterday's softer-than-expected July CPI. The other major currencies are slightly softer. ...

2023-08-03 13:40:00 ET Summary The US dollar has extended it gains today against the G10 currencies and most emerging market currencies. The yen has recovered a bit after the BOJ stepped in and bought JGBs for the second time this week at market prices. Equities extended their...

2023-08-03 01:42:35 ET The au Jibun Bank Japan Services PMI was at 53.8 in July 2023, compared with a flash print of 53.9 and a final 54.0 in June, marking the 11th straight month of growth in the services sector, the latest result was the lowest since January, as new orders grew t...

2023-08-02 06:30:00 ET Summary The BoJ is playing a tactical game here, injecting an element of uncertainty into the markets. In the context of the US Treasury market, the impact is equally as complex. The BoJ’s policy twists and turns could have noteworthy implications...

2023-08-01 14:00:00 ET Summary The S&P 500-tracking ETF finished July up 3.27%, leaving it up 20.62% YTD on a total return basis. Looking at US sectors, Energy and Financials did the best in July, while Health Care and Real Estate were up the least. Outside of the US, we s...

2023-08-01 07:05:00 ET Summary The Reserve Bank of Australia left rates steady and the poor Chinese Caixin PMI is weighing on the Australian dollar, which is off about 1.25% today. Sterling is the best G10 performer, off about 0.1%. Emerging market currencies are also nearly all l...