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YCL News and Press, ProShares Ultra Yen From 06/26/24

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Company Name: ProShares Ultra Yen
Stock Symbol: YCL
Market: NYSE

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YCL - USD Pushes Above JPY160

2024-06-26 07:15:00 ET Summary The dollar is firm, and the market is challenging the JPY160 level, which it has traded above in Europe. Asia Pacific bourses advanced, with Australia's market being the outlier. The Canadian dollar has been in a one-way market almost as much as ...

YCL - Nervous Calm Hangs Over The Markets

2024-06-25 08:10:00 ET Summary The US labor market may be at an inflection point. The high-flying Nvidia has fallen 13% in the past three sessions coming into today. Gold is little changed near $2333 and its trading in the upper end of yesterday's narrow range. Ove...

YCL - U.S. Dollar Offered, But Intra-Day Momentum Indicators Are Stretched

2024-06-24 07:15:00 ET Summary The Dollar Index reached its best level since May 1 before the weekend but has come back softer against all the G10 currencies and most emerging market currencies. Equities are mostly higher, but the Asia Pacific region struggled. After rising fo...

YCL - Week Ahead: Politics, Economics, And The Yen

2024-06-22 08:45:00 ET Summary Central banks in Australia and Norway resisted rate cuts, leading to currency appreciation, while New Zealand's central bank faced skepticism from investors. The Bank of Canada, perceived as dovish, saw the Canadian dollar strengthen despite expectat...

YCL - Brief Market Commentary

2024-06-21 07:10:00 ET Summary USD reached nearly JPY159.15, the highest since late April. The PBOC fixed the dollar at CNY7.1196, a new high for the year. The weak PMI saw the euro slump to test last week’s low near $1.0670. Japan Read the full arti...

YCL - Week Ahead: Political Anxiety Runs High Giving The Dollar A Lift

2024-06-15 11:10:00 ET Summary Despite softer US inflation readings and lower interest rates, the US dollar performed well against the euro, sterling, and yen. Political anxiety in France and the UK, along with economic highlights from central bank meetings, impacted currency mark...

YCL - Escape Velocity: Japan's Drift Toward Sustained Inflation

2024-06-14 08:40:00 ET Summary Japan has been struggling for some time to generate enough velocity in inflation to escape the gravitational pull of deflation. The story for the rest of 2024 and into 2025 is now centered on whether inflation will be sustained at the BOJ’s 2%...

YCL - Softer U.S. Story Beginning To Show In FX Markets

2024-06-07 09:15:00 ET Summary Some softer US data has managed to pull the dollar away from its highs of the year. Our baseline Fed scenario should see the dollar drift lower over coming quarters, although the US elections remain the wild card. The USD/JPY rally has stalled too. ...

YCL - Japanese Government Bond Yields At 13-Year High, While Yen At 34-Year Low

2024-06-04 09:00:57 ET Summary Japanese Government Bond yields have reached a 13-year-high, while the Japanese Yen has fallen to a 34-year low. The Bank of Japan is behind other developed countries in normalizing monetary policy, leading to investors selling Japan for higher-yield...

YCL - Dollar Recovers From Yesterday's Slide, But Slumps Against The Yen

2024-06-04 07:45:00 ET Summary The dollar's losses scored after yesterday's disappointing ISM manufacturing report was extended initially in Asia Pacific turnover earlier today before it recovered. Indian stocks are giving back yesterday's gains plus today, sliding more than 5%. ...

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