FXY News and Press, Invesco CurrencyShares Japanese Yen Trust From 10/09/23

2023-10-09 21:44:00 ET Summary With only two weeks before maturity of front-month options contracts, reversals have the potential to quickly gain momentum as traders rush to liquidate positions quickly losing market value. The stronger-than-expected 336,000 gain in September payro...

2023-10-09 19:50:00 ET Summary The IMF, the World Bank, and the United Nations all rank China and Japan as the second and third largest economies on the planet. More of what is occurring in the markets should reflect what is happening in China and Japan which are strongly linked e...

2023-10-09 08:02:00 ET Summary The dollar had seemed set for a setback, and the price action today does not negate it. The Japanese yen, Norwegian krone, and Canadian dollar are a little firmer, while euro and sterling have been trading around 0.4% lower in late European morning t...

2023-10-08 14:50:00 ET Summary The US reports September CPI on October 12, with the first decline in three months in the year-over-year rate expected. The price action may overshadow not only the CPI but other high-frequency data in the week ahead. The Dollar Index's momentum indi...

2023-10-06 08:00:00 ET Summary The softness of US interest rates helped the yen find better traction even if there was no intervention earlier this week. Germany's decision suggests that there may not be an imminent breakthrough in EU negotiations for reform of the electricity mar...

2023-10-04 08:00:00 ET Summary Although there has been no confirmation, the strategic ambiguity is helping steady the yen and the dollar more broadly today, even though US yields remain firm. Japanese officials have pushed back against the idea that there is an "intervention level...

2023-10-04 04:40:00 ET Summary The pieces finally look to be falling into place for Japan’s economy. From a broad macroeconomic perspective, recent Japanese growth has been encouraging. Future activity also looks robust for both manufacturing and services, which is particul...

2023-10-04 02:46:15 ET Japan services and composite PMI revised upward in September U.S. Dollar Gets Even Stronger As Long-Term Yields In The U.S. Rise U.S. Treasury returns set for worst month this year; Ackman short bet pays off The Cure For Rising Rates Is Ris...

2023-10-03 08:00:00 ET Summary The dollar's gains were initially extended before a consolidative tone emerged. The market does not think that Japan can have it both ways in the current environment. We remain struck by the discrepancy between the talk of de-dollarization and it...

2023-10-02 10:06:00 ET Summary Betting the yen will collapse in value against the dollar because of Japan's massive debt has over the years become known as a widow makers trade. A country can always drive its currency downward, however, supporting it is much more difficult. I ...