FXY News and Press, Invesco CurrencyShares Japanese Yen Trust From 08/16/23

2023-08-16 08:25:00 ET Summary The US dollar is trading with a slightly heavier tone, stalling in front of key levels against the yen and yuan. Sterling has extended gains after wage figures and CPI data, while the dollar is softer against most emerging market currencies. Asia...

2023-08-15 10:00:00 ET Summary China surprises with a rate cut after disappointing economic data, while Japan reports stronger than expected Q2 GDP. UK sees a sharp jump in average weekly earnings, renewing speculation of a 50 bp rate hike by the Bank of England. US dollar is ...

2023-08-15 01:50:49 ET Industrial production in Japan increased by 2.4% month-over-month in June 2023, compared with flat data of a 2.0% growth and after a final 2.2% fall a month earlier, marks the fourth time of gain in industrial output so far this year and the strongest pace si...

2023-08-15 01:44:24 ET The Japanese economy advanced 1.5% Q/Q in Q2 of 2023 2023, beating market forecasts of a 0.8% rise and accelerating from an upwardly revised 0.9% growth in Q1, preliminary data showed. This marks the second straight quarter of expansion and the fastest pac...

2023-08-14 06:55:00 ET Summary The greenback rose to new highs for the year against the Japanese yen and Australian dollar before steadying. Outside of the Swedish krona, which is off nearly 0.5%, the G10 currencies are nursing small losses late in the European morning, mostly les...

2023-08-13 06:45:00 ET Summary The end of the Bretton Woods currency arrangement led to the era of floating currencies and volatile exchange rates. Attempts to resurrect Bretton Woods miss the point that the asymmetry of power that made it possible no longer exists. The volati...

2023-08-11 07:00:00 ET Summary The US dollar remains firm, rising against major currencies and emerging market currencies. US quarterly refunding completed successfully, with a slight downgrade in chances of a Fed hike next month. China's lending figures for July were unexpect...

2023-08-10 02:38:13 ET Producer prices in Japan rose by 3.6% year-on-year in July 2023, the least since March 2021, after an upwardly revised 4.3% rise in June and compared with market expectations of 3.5%. The result also marked the 7th straight month of a slowdown in producer ...

2023-08-09 07:15:00 ET Summary Today, the Treasury sells $38 billion 10-year notes, whose auctions have been less than stellar recently. The US 10-year yield reached 4.20% last week and is now straddling 4%. Equities are stabilizing, though Japanese and Chinese markets are trading...

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%...