The Fed Preview: Mildly Dovish, But Not Enough To Stop The Selloff

Did the Japanese Yen Cause the Tech Selloff?

U.S. Stock indices recorded their worst day in more than 18 months on Wednesday. The Japanese yen is no longer a one-way trade for hedge funds. The yen has risen more than 1% against the dollar in the past week. One good way to play the yen is through an exchange-traded fund. Despite the recent gain in the yen, it is still down over 8%.

Why to Add Safe Haven ETFs to Your Portfolio?

Asia-Pacific market mostly rebound, yen steadies; U.S. data in focus

Asia-Pacific market mostly rebound, yen steadies; U.S. Data in focus. Tokyo's core inflation rate accelerated for a third month in July to highest level since March. Japan's benchmark fell to its lowest level in three months; yen held around 153.60 per dollar.

Asia market in red tracking global sentiment as disappointing earnings reports weigh on investor sentiment

Asia market in red tracking global markets as disappointing earnings reports weigh on investor sentiment. Japan, Australia and China hit lowest levels in almost a month as business activity data from Japan, China and the U.S. Falls. US stock futures fell sharply on Wednesday on disappointing quarterly results from mega-cap tech firms Tesla and Alphabet.

FXY: Yen Exposure In A Time Of Change

Asia-Pacific market mixed ahead of batch of earnings reports, key U.S. economic data

Asia-Pacific market mixed ahead of batch of earnings reports, key U.S. Economic data. The Asia-Pacific equity market were mixed on Tuesday, tracking a technology-led rebound on Wall Street overnight. Japan rose slightly from three-week lows, while China and Hong Kong both fell. In the US, all three major indexes ended higher on Monday, driven by tech stocks.

Safe Havens Gain Favor Amid Geopolitical Tensions And U.S. Election Uncertainty, Gold Above $2400/Oz, DXY Slips

Weekly Report: what happened at FXY last week (0715-0719)?

Asia market mostly in red as traders access surprise PBOC cuts, Biden drops out of 2024 race

Asia market mostly in red as traders access surprise PBOC cuts, Biden drops out of 2024 race. China's central bank's unexpected policy rate cut to support the economy. Markets also weighed US President Joe Biden's decision to end his reelection bid. Bitcoin climbs to around $68,000 as investors book profits.

Week Ahead: U.S. Dollar To Extend Recovery While Stocks Correct Lower

The consolidative phase for the dollar, after its recent drop, is evolving into a proper upside correction. Japan's economy appears to have recovered in Q2. The flash July PMI, the Bank of Canada meeting, and the Q2 US GDP estimate are highlights in the weekend ahead.

Dollar Consolidation Is Morphing Into Correction

Price Action On USD/JPY, GBP/JPY

USD/JPY broke a long-term descending trendline but found support near the 100-day MA and 155.00 level. Japanese authorities have not confirmed whether they have intervened in the market to support the Yen. The Japanese Yen is enjoying a stellar week thanks to optimism around wage growth and rising rate cut optimism.

Asset Allocation Committee Outlook Q3 2024: Policy And Politics

Asset Allocation Committee Outlook Q3 2024: Policy And Politics. Neuberger Berman says political and market volatility is likely to rise in the second half of the year. We are concerned that the U.S. Federal Reserve may wait too long to make its first rate cut.

Euro Trades Quietly Ahead Of ECB Meeting

Euro Trades Quietly Ahead Of ECB Meeting. The US dollar enjoys a firmer bias today, in mostly quiet turnover in narrow ranges. There is little chance of a change in the ECB's key interest rates today. The big event today is the ECB meeting. US S&P 500 and Nasdaq futures are modestly higher.

Asia-Pacific market mixed tracking global selloff on tight U.S. chip export curbs to China

Asia-Pacific market mixed tracking global selloff on tight U.S. Chip export curbs to China. Japan comes under pressure from a sharp rally in the yen. India's shares hit a record high for the fourth straight session. The Asia-Pacific equity market were mixed on Thursday following a weak lead on Wall Street.

Dollar Crushed, Stocks Slump

Dollar has fallen to its lowest level in a month against the Japanese yen. US retail sales were better than expected last month. The dollar's intraday momentum indicators are stretched ahead of the North American open. Equities were mixed in Asia but have fallen in Europe. Gold extended its record high above $2482.

Asia markets in red, yen on intervention watch; eyes on updates as Third Plenum unfolds

Asia markets in red, yen on intervention watch; eyes on updates as Third Plenum unfolds in China. The Japanese yen steadied near its strongest levels in a month as investors digest President Xi Jinping's recent address at the third plenum. Bitcoin climbs above $65,000, hitting its highest levels in nearly a month.

BOJ Appears To Have Intervened Last Friday Too, But Market Sells Yen Anyway

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 and is off 0.4% today. The Dollar Index has successfully tested the 104.00 level. A disappointing US retail sales report could challenge the greenback's consolidation.

Asia-Pacific markets mixed as traders assess Powell's dovish remarks; eyes on more earnings

Asia-Pacific markets mixed as traders assess Powell's dovish remarks; eyes on more earnings. Nikkei 225 Index rises in post-holiday trade in Japan; India hits a record high for third straight day. Federal Reserve Chair Jerome Powell's remarks on rate cuts boosted Wall Street overnight. Bitcoin advanced toward $65,000 on Tuesday.