FXY News and Press, Invesco CurrencyShares Japanese Yen Trust From 07/28/24

2024-07-28 06:15:00 ET Summary Economic data may lead to further steepening of the yield curve. Job data is likely to show further slowing of the labor market. The Fed and Bank of Japan meetings could lead to a further unwind of the carry trade. Economic data may be ...

2024-07-28 03:49:00 ET Summary The dollar, the most actively traded currency, was arguably not the prime mover in recent days. Despite what appears to be a cacophony of Fed voices, there seems to be a consensus that while confidence that inflation is on a sustainable path back to ...

2024-07-26 14:15:20 ET Summary The Fed is likely to remain data-dependent, and unlikely to commit to a cut in September. The mega-cap earnings will be more important than the Fed, as the process of the Gen AI bubble burst unfolds. Even if the Fed does signal the September cut,...

2024-07-26 03:41:34 ET The Asia-Pacific equity market was mostly higher on Friday as risk sentiment improved. Market participants reacted to data showing Tokyo’s core inflation rate accelerated for a third month in July. Meanwhile, markets braced for a key US inflation reading due la...

2024-07-24 03:27:11 ET The Asia-Pacific equity market were lower on Wednesday as traders assessed July business activity data from Japan, Australia and tracking a fall in US stock futures after disappointing quarterly earnings results from mega-cap tech stocks. ... Read...

2024-07-23 15:00:33 ET Summary The Invesco CurrencyShares Japanese Yen Trust ETF provides exposure to the yen, which has been the worst performing G7 currency for several years. Recent changes in BoJ policies and currency interventions may signal a potential turnaround for the yen...

2024-07-22 02:59:14 ET The Asia-Pacific equity market were mostly lower as market participants access the central bank’s unexpected policy rate cut to support the economy; markets also weighed US President Joe Biden's decision to end his reelection bid.... Read t...

2024-07-20 09:45:00 ET Summary The consolidative phase for the dollar, after its recent drop, is evolving into a proper upside correction. Japan's economy appears to have recovered in Q2 from the contraction in Q1. The eurozone's June PMI fell for the first time since last Oct...

2024-07-19 07:15:00 ET Summary Among the G10 currencies, only the Swiss franc and Japanese yen gained on the greenback amid what appears to be some unwinding of carry trades. The Dollar Index is being sold through 104.00 for the first time in three months, in the middle of the wee...

2024-07-19 03:45:00 ET Summary Japanese authorities have not confirmed whether they have intervened in the market to support the Yen. USD/JPY broke a long-term descending trendline but found support near the 100-day MA and 155.00 level. Price Action outlook and potential setup...