YCL News and Press, ProShares Ultra Yen From 07/18/24

2024-07-18 14:50:00 ET Summary We are concerned that the U.S. Federal Reserve may wait too long to follow other major central banks in making its first cut. We think political and market volatility is likely to rise in the second half of the year, with the potential to persist wel...

2024-07-18 06:45:00 ET Summary The US dollar enjoys a firmer bias today, in mostly quiet turnover in narrow ranges. With yesterday's gains, the euro met the (61.8%) retracement of the decline from $1.1140 at the end of last year. The 50.2k increase in Australian jobs in June w...

2024-07-17 07:44:00 ET Summary The dollar's intraday momentum indicators are stretched ahead of the North American open. Equities were mixed in Asia but have fallen in Europe. The STOXX 300 is lower for the third consecutive session and is off nearly 2% so far this week. US in...

2024-07-16 07:10:00 ET Summary The US dollar is consolidating in narrow ranges against most of the G10 currencies. The Australian and New Zealand dollars, along with the Japanese yen are off by about 0.25%. Europe's Stoxx 600 fell 1% yesterday to snap a three-day advance and i...

2024-07-14 02:20:00 ET Summary The soft-landing phase appears to be ending, and the deceleration appears to be intensifying. Given the delay of plenum, comments by Xi, and the disappointing economic performance post-Covid, expectations or hopes were running high for new stimulativ...

2024-07-06 08:35:00 ET Summary With the June employment data out of the way, the focus this week shifts back to prices, with the CPI and PPI on tap. The Dollar Index was turned down from the 106.00 area early last week after losing some momentum into the quarter-end. Given the...

2024-06-30 08:00:00 ET Summary July brings new governments in the UK and France, a new European Commission, and China's Third Plenum session with expected measures to support the economy. The US policy mix stands out with loose fiscal policy and tight monetary policy, contributing...

2024-06-28 07:15:00 ET Summary The US dollar is narrowly mixed as North American participants prepare to return for the last session of the first half. The large bourses, but India, rose in the Asia Pacific region. Benchmark 10-year yields are 1-4 bps higher in Europe, and the...

2024-06-27 11:08:00 ET Summary The dollar is sporting a softer profile today against all the G10 currencies except the Swedish krona. Most emerging market currencies are also firmer, with the notable exception of Türkiye and South Africa. All the large bourses fell in the...

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 ...