YCL News and Press, ProShares Ultra Yen From 03/29/24

2024-03-29 03:30:00 ET Summary After many years of low and negative interest rates, the Bank of Japan has changed course, creating opportunities for Japanese investors and implications for global markets. The impact of the policy change on the USD-JPY rate is likely to be gradual,...

2024-03-28 07:44:00 ET Summary Comments by Fed Governor Waller, urging patience on rates and wanting more evidence that price pressures are moderating, has helped the greenback extend its recent gains. Japanese officials are clearly signaling its willingness to intervene in the fo...

2024-03-27 07:25:00 ET Summary The dollar neared JPY152, setting a new 34-year high and this appeared to spur a senior official meeting in Tokyo, ostensibly to talk about the response. Most of the G10 currencies are softer against the dollar but the yen. Most emerging market c...

2024-03-26 08:35:00 ET Summary The dollar consolidated yesterday and is continuing to do so today at slightly lower levels. The PBOC lowered the dollar's fix slightly, and officials are struggling to reestablish order. Against the offshore yuan, the dollar remains outside of its 2...

2024-03-25 08:55:00 ET Summary The dollar is consolidating today. Except for the Swiss franc and Swedish krona, the G10 currencies are showing a slightly firmer tone. Emerging market currencies are mixed. With the exception of Australia and India, the large bourses in Asia-Pac...

2024-03-23 08:05:00 ET Summary The Bank of Japan lifted its interest rate target for the first time in 17 years. The Swiss National Bank became the first G10 central bank to cut rates. The PBOC relented and allowed the dollar to rise above the CNY7.20 cap that has held it back...

2024-03-22 07:10:00 ET Summary The dollar's post-FOMC sell-off has been completely reversed and the greenback has reached new highs for the week against most of the G10 currencies. For the first time since last November, the US dollar has risen above CNY7.20 and continued to rise ...

2024-03-21 07:30:00 ET Summary The Federal Reserve triggered a dollar sell-off yesterday and follow-through selling was seen in Asia before profit-taking emerged. The G10 currencies are mixed ahead of the North American open. Outside of China, the large equity markets in Asia ...

2024-03-20 12:20:30 ET Summary Kazuo Ueda becomes Governor of the Bank of Japan, continuing the loose monetary policies implemented by his predecessor. The BOJ raises short rates from -0.1% to 0.1%, becoming the last central bank to exit a Negative Interest Rate Policy. Wage h...

2024-03-20 10:12:00 ET Summary In advance of tonight's FOMC meeting and new economic projections, we take a quick look at what any shift in the Fed's Dot Plots would mean for G10 FX. Correlations between expectations for the Fed easing this year and G10 FX are strongest for USD/JP...