YCL News and Press, ProShares Ultra Yen From 05/29/24

2024-05-29 03:55:00 ET Summary The U.S. dollar, Swiss franc, and Japanese yen are among the most commonly cited safe haven currencies. Understanding the role of these currencies, the reasons they are considered safe havens and their behavior during turbulent times is crucial for m...

2024-05-28 07:10:00 ET Summary The dollar is still mostly softer against the G10 currencies, but it is little changed to slightly firmer against the Japanese yen. The US 10-year yield Treasury yield is off a basis point to 4.45% today. US index futures are signaling a firm ret...

2024-05-27 10:32:44 ET Summary Nvidia's stock surged 15% this week, boosting market capitalization to $2.619 TN - or 62 times earnings and 32.9 times revenues. As is typically the case, policies and speculation strategies that take U.S. finance by storm soon permeate the world. ...

2024-05-27 08:25:00 ET Summary The dollar traded mostly higher last week. The US 10-year yield bottomed near 4.30% in mid-May and reached 4.50% last week to test the 20-day moving average. The US dollar frayed support near CAD1.36 last week and recovered to almost CAD1.3750 be...

2024-05-25 09:30:00 ET Summary Stronger than expected data and hawkish FOMC minutes lifted US rates and the dollar, while the market reduced expectations of ECB easing. Sterling remained resilient despite weak economic data, but rate expectations were impacted by stronger than exp...

2024-05-24 07:35:00 ET Summary The dollar is paring yesterday's advance that was spurred by the rise in US rates following the preliminary PMI. Asia Pacific and European equities have sold off in the wake of yesterday's slide in the US. The Canadian dollar was the weakest of t...

2024-05-22 07:15:00 ET Summary A hawkish hold by the Reserve Bank of New Zealand and a firmer-than-expected UK CPI reading have allowed the New Zealand dollar and sterling to show resilience in the face of the US dollar's broadly firmer tone. US index futures are trading with a so...

2024-05-18 13:25:00 ET Summary The highlight of the week may be the preliminary May PMI estimates. Though, market participants appear to put more weight on the ISM than the PMI. Former President Trump has threatened higher tariffs on all Chinese goods if he is elected. The direct ...

2024-05-17 07:05:00 ET Summary The dollar's recovery begun yesterday has extended into today's activity. Japan's markets were mixed, but South Korea, Taiwan, and Australian and New Zealand shares fell. The spring EC forecast recognized that fragile recovery is taking hold in t...

2024-05-15 08:35:00 ET Summary The dollar is trading weakly against G10 currencies and emerging market currencies as the market expects softer US CPI and retail sales data. US interest rates are softer, with Treasury yields at their lowest level since April 10. Equities are mo...