FXY News and Press, Invesco CurrencyShares Japanese Yen Trust From 05/04/24

2024-05-04 11:10:00 ET Summary The US economy's resilience and stickiness of price pressures have led to a reassessment of Fed policy, causing a rise in US interest rates and a stronger dollar. Concerns about US fiscal policy and the stronger dollar have heightened among countries...

2024-05-03 06:50:00 ET Summary The US dollar is trading with a softer bias ahead of the US jobs report, with recent survey data warning of downside risks. The Norwegian krone is the strongest G10 currency after the central bank delivered a hawkish hold on rates. Asian equities...

2024-05-03 02:51:56 ET Japan ( NKY:IND ) market closed. The Japanese yen strengthened to around 153 per dollar on Friday and was set to gain more than 3% this week, driven by a suspected intervention from Japanese authorities on at least two instances starting on Monday.... Re...

2024-05-02 17:04:08 ET Summary The Japanese Yen has reached its lowest level since the 1980s, experiencing a significant devaluation trend. The Yen's devaluation to gold is more significant than its devaluation to the dollar, indicating potential economic and financial issues in J...

2024-05-02 07:00:00 ET Summary It appears that with the market challenging Monday's intervention, Japanese officials entered the market shortly after the US equity market closed yesterday, as the Asia Pacific session go underway and sold dollars again. The offshore yuan is trading...

2024-05-02 03:08:12 ET Japan ( NKY:IND ) -0.10% . The consumer confidence index in Japan declined to 38.3 in April 2024 from 39.5 in the previous month, which was the highest reading since April 2019, and below market forecasts of 39.7.... Read the full article on Seeking...

2024-05-01 12:00:00 ET Summary Stronger-than-anticipated economic data released during the first quarter led to a significant downward shift in market expectations for 2024 rate cuts. While equity markets were mostly unfazed by this change in expectations, fixed income markets exp...

2024-05-01 06:50:00 ET Summary The BOJ projected yesterday that commercial banks' deposits with it likely dropped by JPY7.56 trillion. The dollar gradually edged higher yesterday, and by the end of the North American session, it had recovered more than half of the intervention-ins...

2024-05-01 04:00:44 ET Japan ( NKY:IND ) -0.34% . The Japanese yen depreciated to 158 per dollar on Wednesday, reversing gains from Monday's sharp rebound due to suspected government intervention, with money market data suggesting the finance ministry spent around $35 billion dollar...

2024-04-30 09:00:00 ET Summary The aim of the devaluation was to escape deflation which had persisted since (at least) the turn of the century. The Yen started to weaken in 2021 as the BOJ ramped up Yen printing again to help the economy recover from the COVID shock. Mortgage ...