YCS News and Press, ProShares UltraShort Yen New From 04/01/24

2024-04-01 08:45:00 ET Summary The dollar is trading quietly against the G10 currencies as European markets remain on holiday. The dollar bloc currencies are leading with minor gains, perhaps helped on the margins by better-than-expected Chinese PMI, but the Scandis are the laggar...

2024-03-30 09:30:00 ET Summary The macroeconomic and geopolitical developments have not changed substantially over the past month. For all practical purposes, the eurozone and UK economies are stagnant, but the respective central banks also do not appear in any hurry to begin easi...

2024-03-30 05:58:04 ET Summary Financial conditions loosened further, building on the Fed's Q4 dovish pivot. For the quarter, the S&P 500 returned (price and dividends) 10.55%. While 10-year Treasury yields jumped 32 bps during Q1 to 4.20%, corporate Credit notably outperf...

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 ...