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Invesco CurrencyShares Japanese Yen Trust
(NY:
FXY
)
58.67
UNCHANGED
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Updated: 5:00 PM EST, Dec 24, 2024
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EUR/JPY Remains Subdued Near 163.00 Following BoJ Meeting Minutes
December 24, 2024
EUR/JPY depreciates as the latest BoJ Meeting Minutes highlighted the possibility of gradual rate hikes if inflation trends as expected.
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Currencies/Forex
Economy
Exposures
Interest Rates
Japanese Yen Struggles To Lure Buyers Amid BoJ Rate-Hike Uncertainty
December 24, 2024
The Japanese Yen (JPY) struggle to gain any meaningful traction during the Asian session on Tuesday and remains well within striking distance of a multi-month low against its American counterpart.
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Currencies/Forex
USD/JPY Analysis: Path To 160.00 Peak Is Paved
December 23, 2024
USD/JPY extends its bullish trend, approaching 160.00 as dollar strength persists, supported by diverging monetary policies and resilient investor sentiment.
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EUR/JPY Edges Lower To Near 163.00 Following ECB Lagarde Interview
December 23, 2024
EUR/JPY depreciated after ECB President Christine Lagarde’s interview published by the Financial Times on Monday.
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Currencies/Forex
Weekly Forex Forecast - Sunday, Dec. 22
December 22, 2024
The coming week has a very light schedule due to the holidays, with many major markets on hold from Tuesday to Thursday. The US dollar was once again the strongest major currency over this past week,...
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ETFs
Futures
The Fed Induced Market Mayhem Subsides
December 19, 2024
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Economy
Exposures
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EUR/JPY Forecast: Euro Rallies Against The Yen
December 16, 2024
The euro jumps against the yen, buoyed by yen weakness and targeting 165 yen, with 155 yen as key support in a volatile but bullish market.
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Currencies/Forex
USD/JPY Retreated To 156.50 After Reaching Multi-Month Highs On Softer US PCE Data
December 21, 2024
The USD/JPY pair pulled back from its highest levels since July, as the currency cross retreated to the 156.50 mark following the release of US Personal Consumption Expenditure data. Softer inflation...
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GBP/JPY Price Forecast: Slumps As UK Retail Sales Misses Estimates
December 20, 2024
GBP/JPY declined to near 196.00 as a higher number of BoE officials voted for an interest rate reduction on Thursday than what market participants had anticipated.
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USD/JPY Dips To Test A Previous Top At 156.60 Following Hot Japanese Inflation
December 20, 2024
The Yen trims some losses following higher than expected inflation levels in Japan.
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USD/JPY Price Forecast: Bulls Pause For Breather Ahead Of US PCE Price Index
December 20, 2024
USD/JPY attracts some intraday sellers after stronger inflation figures from Japan.
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Japanese Yen Struggles To Capitalize On Modest Intraday Bounce; Remains Vulnerable
December 19, 2024
The Japanese Yen (JPY) recovers slightly after touching a five-month trough against its American counterpart during the Asian session on Friday, albeit it lacks any follow-through buying.
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The Yen Weakens As The BoJ Holds
December 19, 2024
According to the Bank of Japan's policy statement, it assessed that the economy is likely to continue growing at a pace above its potential growth rate and that underlying CPI is likely to rise...
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USD/JPY Outlook: Fed Signals Fewer 2025 Cuts, BoJ Stays Silent
December 19, 2024
The Fed predicted fewer rate cuts in the coming year. Fed policymakers have assumed a less dovish stance due to the resilient US economy. The Bank of Japan gave little clues on future moves.
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GBP/JPY Soars To Near 198.80 As BoJ Holds Rates Steady, BoE Policy Eyed
December 19, 2024
GBP/JPY surges to near 198.80 as BoJ didn’t provide a timeframe for interest rate hikes after keeping them steady at 0.25%.
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The Fed’s Rate Cutting Cycle May Already Be Over
December 18, 2024
As expected, the Fed cut rates by 25 basis points, but the market was caught off guard by the Fed’s positioning regarding future rate cuts. Looking back, it was somewhat obvious.
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Japanese Yen Hangs Near One-month Low Against USD; BoJ Decision Awaited
December 18, 2024
The Japanese Yen (JPY) will be in the spotlight this Thursday as the Bank of Japan (BoJ) is scheduled to announce its final policy decision of the year.
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Fed Confirms A Slower And Shallower Rate Cut Story For 2025
December 18, 2024
We got another 25bp policy rate cut from the Fed, but updated projections and Chair Powell’s press conference confirms that the Fed is going to be much more cautious next year with sticky inflation.
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The Market’s Momentum Of Truth Approaches As Breadth Deteriorates
December 18, 2024
Global rates are nearing a breakout ahead of key central bank meetings, with equity financing costs surging and market breadth weakening.
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Daily Market Outlook - Wednesday, Dec. 18
December 18, 2024
Asian stocks saw a slight increase in a stable trading environment as investors prepared for the Federal Reserve's last policy decision of the year.
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Will The Fed Confirm A “ Hawkish Cut”
December 17, 2024
US stocks tumbled across the board on Tuesday, with the Dow marking its longest losing streak in 46 years.
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US Equities
Daily Market Outlook - Tuesday, Dec. 17
December 17, 2024
Asian markets experienced mixed performance overnight, as investors await a series of interest rate decisions from central banks, including the Federal Reserve, scheduled for this week.
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Cryptocurrencies
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EUR/JPY Trades Below 161.50 After Pulling Back From Four-Week Highs
December 17, 2024
EUR/JPY retreats after hitting a four-week-high of 162.47 on Tuesday. The German IFO Business Climate came in at 84.7 in December, down from November’s 85.6 reading.
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US Markets Sizzle, While Global Markets Fizzle
December 16, 2024
Wall Street is surging ahead as traders buckle up for a week crammed with pivotal interest rate decisions from major central banks globally. The show's star is undoubtedly the Fed, expected to trim...
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Cryptocurrencies
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Asia Open: Investors Eye Bull Run Extension Amid Global Monetary Easing Wave
December 16, 2024
Investors, buoyed by a wave of global monetary easing, are keen to extend the equity bull run as central banks worldwide slash rates and China vows deeper economic stimuli.
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Daily Market Outlook - Monday, Dec. 16
December 16, 2024
China has started the week with underwhelming data, as November retail sales grew by just 3.0% year-on-year, missing the expected 4.6% growth.
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Japanese Yen Hits Three-Week Low As Bank Of Japan Holds Rate Steady
December 16, 2024
The USD/JPY pair climbed to 153.77 on Monday, reaching a three-week high.
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FX Daily: Euro Area PMIs To Set The Tone
December 16, 2024
The calendar is packed for this last full trading week of the year.
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Speculator Extremes: Lean Hogs & Nasdaq Lead Weekly Bullish Positions
December 16, 2024
This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the...
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Bonds
Commodities
Currencies/Forex
Weekly Forex Forecast - Sunday, Dec. 15
December 15, 2024
The US dollar was once again the strongest major currency over the week, while the Japanese yen was the weakest. Volatility fell slightly over this period, as only 41% of the most important Forex...
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Cryptocurrencies
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