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FXY News and Press, Invesco CurrencyShares Japanese Yen Trust From 04/09/24

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Company Name: Invesco CurrencyShares Japanese Yen Trust
Stock Symbol: FXY
Market: NYSE

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FXY - Dollar Consolidates Softer Ahead Of Tomorrow's CPI

2024-04-09 08:15:00 ET Summary The dollar is trading with a softer bias in mostly narrow ranges against the G10 currencies. Most of the large Asia Pacific equity markets rallied, led by a 1.85% gain in Taiwan and a 1.1% advance by the Nikkei. The dollar's high against the yen ...

FXY - Japan's consumer confidence index rises to 39.5 in March

2024-04-09 03:35:24 ET Japan's consumer confidence index rose to 39.5 in March 2024, up from a marginal revision of 39.0 in the previous month, marking the highest reading since April 2019. The increase was on account of improved sentiments towards income growth, employment, and...

FXY - Asia market rises as investors brace for kick start of earnings, key US inflation data, Fed minutes

2024-04-09 02:45:03 ET Japan ( NKY:IND ) +1.08%. Japanese consumer confidence was 39.5 vs. 39.1 prior . Japan’s machine tool orders dropped 8.5% year-on-year to JPY 135,647 million in March 2024, accelerating from an 8% fall in the previous month, data from the Japan...

FXY - Will The Market Push The Dollar Above JPY152 As Japanese Prime Minister Heads To The U.S.?

2024-04-08 08:00:00 ET Summary The jump in US rates after the employment report failed to ignite a sustained rally in the dollar and this has shaken the market's near-term confidence. Japan's labor earnings rose by 1.8% year-over-year in February after the 2.0% pace in January was...

FXY - Asia markets advance taking cues from strong lead on Wall Street; eyes on U.S., China inflation data

2024-04-08 03:11:51 ET Japan ( NKY:IND ) +0.91%. The gauge for Japan’s service sector fell to 49.8 in March 2024 from 51.3 in the previous month, the lowest figure since January 2023.... Read the full article on Seeking Alpha For further details see: Asi...

FXY - Week Ahead: Strong U.S. Jobs Data Failed To Sustain Dollar Rally, Can The March CPI Do Better?

2024-04-06 08:40:00 ET Summary The March US employment data were stronger than expected and lend support to the re-acceleration hypothesis and an extension of US exceptionalism. The week ahead features the US inflation gauges, the European Central Bank, and the Bank of Canada meet...

FXY - U.S. Employment Data To Set Dollar's Course

2024-04-05 07:40:00 ET Summary It seemed that it was the dramatic reversal in US equities that helped drag global shares down today, that forced US rates lower. Asia Pacific equities tumbled, led by more than 1% losses in Japan and South Korea. The 10-year Treasury yield is up...

FXY - Asia markets in red tracking sharp selloff on Wall Street ahead of key US jobs report; oil soars

2024-04-05 03:12:28 ET Japan ( NKY:IND ) -1.96%. Household spending in Japan dropped in real terms by 0.5% year over year in February 2024, less than market forecasts of a 3.0% fall and much softer than a 6.3% decline in the prior month.... Read the full article on Seeking Al...

FXY - Greenback Losses Extended, But Look For Consolidation In North America

2024-04-04 07:36:00 ET Summary ISM services prices paid increases moderated to their slowest since March 2020. The Dollar Index saw its second-biggest loss of the year, falling by about 0.50%. Among the large bourses, only Taiwan fell in the Asia Pacific region. Hong Kong ...

FXY - The Paradox Of Japan's Negative Rates

2024-04-04 03:59:00 ET Summary After the Bank of Japan cut rates below zero in January 2016, the yen gained 10% against the US dollar. The Nikkei 225 slumped in January and February 2016 when the BoJ initially set rates negative and then rallied once negative rates ended. High...

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