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

2023-08-23 01:24:40 ET The au Jibun Bank Japan Manufacturing PMI edged up to 49.7 in August 2023 from a final 49.6 in July, above market estimates of 49.5, flash data showed. It was the third straight month of contraction in factory activity, with output, new orders, and export sales al...

2023-08-22 07:15:00 ET Summary The dollar is softer against all the G10 and most of the emerging market currencies. Despite stepped-up efforts by Chinese officials and a firmer yen, the yuan remains on the defensive and is one of the handful of EM currencies softer on the day. ...

2023-08-22 05:00:00 ET Summary While it would seem an unattractive asset class based on yields alone, JGB returns hedged into USD have strongly performed this year. In the world of low-yielding debt, Japanese Government Bonds have offered consistently the lowest-yielding debt in t...

2023-08-22 00:30:00 ET Summary Japan spent three decades oscillating into and out of deflation. Japan has the world’s fourth-largest economy, and what happens to the yen and to Japanese bond yields is of worldwide consequence. Beginning in 2012, the BoJ launched a mega ...

2023-08-21 07:12:00 ET Summary Chinese banks failed to pass through last week's 15 bp cut fully into the lending prime rates, which was a major disappointment. The yuan and yen are softer, as are more local Asian currencies, while most G10 currencies are posting small gains agains...

2023-08-20 03:35:00 ET Summary The US economy is showing resilience with above-trend growth, while Europe and China are struggling. The monetary tightening cycle is nearing its end, with rate cuts expected from the Federal Reserve and European Central Bank. The US dollar is st...

2023-08-18 06:45:00 ET Summary Dollar bulls continue to dominate as contrasting economic performance fuels buying of the greenback. Chinese developers' negative news and the sell-off in equities contribute to the dollar's strength. Bond market recovers from sell-off, while gol...

2023-08-18 02:33:42 ET More on Japan economy: Japan's Q2 GDP growth exceeds forecasts as exports rebound Japan industrial output growth revised upward to 2.4% in June Japan producer prices rise 3.6%, the least in over two years Japan services PM...

2023-08-17 07:00:00 ET Summary US data suggests the economy is accelerating, leading to a rise in the US 10-year yield and the dollar's strength against major currencies. Disappointing employment data from Australia puts pressure on the Australian dollar. The yen is undervalue...

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...