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CurrencyShares Japanese Yen Trust ETF (FXY)

- NYSEARCA
  • Sep. 12, 2014, 4:09 AM
    • Japanese shares rose for the fifth straight session today, led by exporters on the yen's weakness.
    • The Nikkei hit a eight-month high, climbing 0.3% to 15,948.29, its highest close since Jan. 8. The Topix rose 0.2% to a six-year closing high at 1,313.72, while the JPX-Nikkei Index 400 gained 0.2% to 11,905.53.
    • ETFs: DXJ, EWJ, DFJ, NKY, DBJP, EZJ, EWV, SCJ, JPNL, DXJS, JSC, ITF, JPP, JPNS, HEWJ, FJP, DXJH, DXJR, DXJF, DXJC, DXJT, FXY, YCS, JYN, YCL
    | 2 Comments
  • Sep. 8, 2014, 4:05 AM
    • Revised figures now show that Japan's real GDP shrank an annualized 7.1% between April and June, topping the 6.8% fall reported two weeks ago, due to a bigger than expected decrease in capital expenditure and decline in consumer spending.
    • The contraction marks the country's biggest slump since the first quarter of 2009, and puts pressure on Prime Minister Shinzo Abe's decision, expected by year-end, on whether to proceed with a scheduled second increase in the sales tax to 10%.
    • ETFs: DXJ, EWJ, FXY, YCS, JGBS, DFJ, JGBD, NKY, JYN, DBJP, EZJ, EWV, YCL, SCJ, DXJS, JPNL, ITF, JSC, JGBL, JPP, JGBT, JPNS, HEWJ, JGBB, FJP, JPMV, QJPN, DXJT, DXJR, DXJH, DXJF, DXJC
    | 2 Comments
  • Sep. 4, 2014, 4:04 AM
    • The Bank of Japan held to its upbeat view on the economy and heavy monetary stimulus this morning, despite the recent stings from a 3% sales tax hike in April.
    • The projection of economic recovery saw consumption benefiting from a tightening job market resulting in higher wages.
    • Leaving its policy framework unchanged, the central bank also pledged to increase base money by 60T-70T yen ($571B-$666B) per year via aggressive asset purchases to reflate its declining economy.
    • ETFs: DXJ, EWJ, FXY, YCS, JGBS, DFJ, JGBD, NKY, JYN, DBJP, EZJ, EWV, YCL, SCJ, DXJS, JPNL, ITF, JSC, JGBL, JPP, JGBT, JPNS, HEWJ, JGBB, FJP, JPMV, QJPN, DXJT, DXJR, DXJH, DXJF, DXJC
    | Comment!
  • Sep. 2, 2014, 9:15 AM
    • At issue as the euro (NYSEARCA:FXE) touches a one-year low and the yen (NYSEARCA:FXY) nears its weakest level of 2014 are expectations for the divergent paths of monetary policy. While the Fed is signaling a rise in interest rates by this point next year, the ECB is set to further ease policy this week and the BOJ isn't tightening any time soon.
    • Old news? CFTC data on futures positions show bearish bets against the euro have jumped to their highest level in more than two years, and those short the yen approaching peaks seen in 2013. Futures, of course, are a tiny slice of a vast foreign currency trading market.
    • ETFs: UUP, UDN, FORX, UDNT, UUPT, USDU
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  • Sep. 2, 2014, 3:26 AM
    • Japanese shares soared today, led by exporters and the yen slipping to a seven-month low against the dollar. Traders said a planned cabinet reshuffle by Prime Minister Shinzo Abe also supported sentiment.
    • The Nikkei hit a seven-month high, climbing 1.2% to 15,668.60. The Topix rose 1.1% to 1,297, while the JPX-Nikkei Index 400 gained 1.1% to 11,763.89.
    • ETFs: DXJ, EWJ, DFJ, NKY, DBJP, EZJ, EWV, SCJ, JPNL, DXJS, JSC, ITF, JPP, JPNS, HEWJ, FJP, DXJH, DXJR, DXJF, DXJC, DXJT, FXY, YCS, JYN, YCL
    | 1 Comment
  • Aug. 27, 2014, 2:41 AM
    • Compared to its previous hike, the Japanese government needs to be more cautious regarding its upcoming decision to raise the national sales tax, warns Vice Economy Minister Yasutoshi Nishimura.
    • Nishimura highlights that the sharp decline in consumer spending from the 3% tax hike in April is proving prolonged, and hopes that the Bank of Japan will decide on further monetary easing as appropriate.
    • Meanwhile, Prime Minister Shinzo Abe is to soon decide whether to proceed with the proposed plan of raising the national sales tax even higher, lifting the rate to 10%.
    • ETFs: DXJ, EWJ, FXY, YCS, JGBS, JGBD, DFJ, JYN, NKY, DBJP, EZJ, EWV, YCL, SCJ, DXJS, JPNL, JSC, ITF, JGBL, JPP, JGBT, JPNS, HEWJ, JGBB, FJP, JPMV, QJPN, DXJT, DXJR, DXJH, DXJF, DXJC
    | 1 Comment
  • Aug. 25, 2014, 4:04 AM
    • Japanese stocks rebounded to a 3-1/2-week high Monday, led by exporters and others due to a weak yen (which struck a seven-month low against the dollar this morning).
    • The Nikkei closed at yet another record high since July 31, climbing 0.5% to 15,613.25, despite trading volume hitting its lowest in a week.
    • The Topix gained 0.4% to 1,291.31, while the JPX-Nikkei Index 400 rose 0.4% to 11,751.23.
    • ETFs: DXJ, EWJ, DFJ, NKY, DBJP, EZJ, EWV, SCJ, JPNL, DXJS, JSC, ITF, JPP, JPNS, HEWJ, FJP, DXJH, DXJR, DXJF, DXJC, DXJT, FXY, YCS, JYN, YCL
    | 2 Comments
  • Aug. 21, 2014, 4:02 AM
    • Japanese stocks rose to a three-week high this morning, posting large gains for the ninth consecutive day, as a weaker yen shored up exporters after Fed meeting minutes raised the risk of an earlier interest rate hike.
    • The Nikkei closed at its highest level since July 31, climbing 0.9% to 15,586.20. The nine-days of straight gains was the index's longest streak since December.
    • The Topix also gained 0.9% to 1,291.19, while the JPX-Nikkei Index 400 rose 0.9% to 11,752.54.
    • ETFs: DXJ, EWJ, DFJ, NKY, DBJP, EZJ, EWV, SCJ, JPNL, DXJS, JSC, ITF, JPP, JPNS, HEWJ, FJP, DXJH, DXJR, DXJF, DXJC, DXJT, FXY, YCS, JYN, YCL
    | Comment!
  • Aug. 11, 2014, 3:26 AM
    • Japanese stocks gained heavily this morning, posting their largest daily jump in four months. Easing tensions in Ukraine, and exporters on the rise due to the yen stepping back from its sharp gains last week - both contributed to the rise.
    • The Nikkei recouped most of its steep losses from Friday, soaring 2.4% to 15,130.52 - its largest daily percentage gain since mid-April. The Topix climbed 2% to 1,252.51, while the JPX-Nikkei Index 400 gained 2.1% to 11,402.48.
    • ETFs: DXJ, EWJ, DFJ, NKY, DBJP, EZJ, EWV, SCJ, JPNL, DXJS, JSC, ITF, JPP, JPNS, HEWJ, FJP, DXJH, DXJR, DXJF, DXJC, DXJT, FXY, YCS, JYN, YCL
    | Comment!
  • Aug. 8, 2014, 7:19 AM
    • The Nikkei capped a tough week, falling 3% overnight with Obama's ordering of airstrikes in Northern Iraq a convenient excuse for the decline.
    • Today's session also happens to be the busiest earnings report day of the season and Nikon Corp. tumbled 9.4% after lower full-year guidance, Taiyo Yuden dove 8.9% after cutting its outlook, and Nisshin Steel plunged 9.8% after profit fell 99%.
    • The BOJ maintained its pledge to boost the monetary base by ¥60T-¥70T.
    • The dollar is weaker vs. the yen by 0.25%, with dollar/yen down to ¥101.83.
    • ETFs: DXJ, EWJ, DFJ, NKY, DBJP, EZJ, EWV, SCJ, DXJS, JPNL, JSC, ITF, JPP, JPNS, HEWJ, FJP, DXJT, JPMV, QJPN, DXJH, DXJR, DXJF, DXJC, FXY, YCS, JYN, YCL
    | Comment!
  • Aug. 4, 2014, 3:28 AM
    • Japanese stocks fell to a more than one-week low this morning, with financials and sea transporters leading the losses, as investors turned risk averse due to the last week's U.S. stock sell-off and concerns over Argentina's default and Portuguese banking problems.
    • Japanese equities still drew some support from hopes of an improvement in domestic corporate earnings, as well as solid Asian shares and a stable currency market.
    • The Nikkei sank 0.3% to 15,474.50, its lowest close since July 25, extending losses for a third straight trading day. The Topix shed 0.4% to 1,276.19, while the JPX-Nikkei Index 400 dropped 0.3% to 11,620.36.
    • ETFs: DXJ, EWJ, DFJ, NKY, DBJP, EZJ, EWV, SCJ, JPNL, DXJS, JSC, ITF, JPP, JPNS, HEWJ, FJP, DXJH, DXJR, DXJF, DXJC, DXJT, FXY, YCS, JYN, YCL
    | Comment!
  • Jul. 18, 2014, 2:51 AM
    • Japanese shares fell to a one-week low today and dropped to their largest one-day fall in three weeks after investors turned risk averse due to the downed Malaysian Airlines passenger jet shot down over Ukraine's eastern border.
    • The Nikkei sank 1% to 15,215.71, its lowest close since July 11. The index also fell 1.7% at one point during Friday's trading.
    • The Topix shed 0.8% to 1,263.29 at the close of trading in Tokyo. JPX-Nikkei Index 400 dropped 0.7% to 11,505.50.
    • ETFs: DXJ, EWJ, DFJ, NKY, DBJP, EZJ, EWV, SCJ, JPNL, DXJS, JSC, ITF, JPP, JPNS, HEWJ, FJP, DXJH, DXJR, DXJF, DXJC, DXJT, FXY, YCS, JYN, YCL
    | 5 Comments
  • Jul. 16, 2014, 3:36 PM
    • The WisdomTree (WETF -1%) Japan Hedged Equity Fund (DXJ +0.4%) has seen $2.2B in outflows this year, including withdrawals of $490.4M on July 11 alone, according to Bloomberg.
    • It doesn't mean investors/traders don't want to bet on Japan; just that - with volatility all but vanishing from forex - they're not interested in hedging. By contrast, the iShares MSCI Japan ETF (EWJ +0.2%) - not hedged at all - has seen nearly $1B in inflows. "Most ETF buyers are not long-term investors and they’re betting the dollar-yen won’t move much in three to six months," says a Tokyo-based analyst with BNP Paribas.
    • It was 2013, when the DXJ took in a whopping $9.8B as Japanese stocks rallied hard and the yen fell just as sharply.
    • Japan ETFs: DXJ, EWJ, NKY, DBJP, EZJ, EWV, JPNL, ITF, JPP, JPNS, HEWJ, FJP, QJPN, FXY, YCS, JYN, YCL
    | 2 Comments
  • Jun. 23, 2014, 4:15 AM
    • Japanese shares rose to a five-month high today, after a positive survey on Chinese manufacturing added to gains caused by the Fed's dovish monetary policy. The Nikkei climbed 0.1% to 15,369.28, its highest close since January 29. The benchmark has risen almost 10% since the end of May.
    • The Topix also rose 0.1% to 1,267.48 at the close of trading in Tokyo, with 1.96B shares changing hands. JPX-Nikkei Index 400 fell 0.1% to 11,537.06.
    • ETFs: DXJ, EWJ, DFJ, NKY, DBJP, EZJ, EWV, SCJ, JPNL, DXJS, JSC, ITF, JPP, JPNS, HEWJ, FJP, DXJH, DXJR, DXJF, DXJC, DXJTFXY, YCS, JYN, YCL
    | Comment!
  • Jun. 17, 2014, 4:09 AM
    • Japanese shares rose today, with the Nikkei climbing 0.3% to 14975.97, after dropping 1.1% on Monday, although trading volume hit its two month low amid escalating tensions in the Middle East and Ukraine.
    • The Topix rose 0.3% to 1,238.20 at the close of trading in Tokyo, with 1.68B shares changing hands. JPX-Nikkei Index 400 also ended up 0.3% at 11,275.02.
    • Dollar/yen slid back 0.1% to ¥101.91, after rising 0.2% yesterday.
    • ETFs: DXJ, EWJ, DFJ, NKY, DBJP, EZJ, EWV, SCJ, JPNL, DXJS, JSC, ITF, JPP, JPNS, HEWJ, FJP, DXJH, DXJR, DXJF, DXJC, DXJTFXY, YCS, JYN, YCL
    | 2 Comments
  • Jun. 9, 2014, 3:42 AM
    • Asian stocks hit their highest levels in nearly three years today, after the Dow and S&P 500 ended at new records on Friday. The Nikkei stock average is up by over 0.3%, and MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS is also up about 0.3%, after reaching its highest levels since July 2011.
    • Other data today has shown Japan's economy growing 1.6% in January-March from the previous quarter, which revised preliminary data showing 1.5% growth.
    • The yuan rose after the People's Bank of China unexpectedly fixed its daily midpoint higher against the dollar for the second straight session, leading to an additional rise in other Asian currencies.
    • ETFs: DXJ, EWJ, FXY, YCS, DFJ, JYN, NKY, DBJP, EZJ, EWV, YCL, SCJ, JPNL, DXJS, JSC, ITF, JPP, JPNS, HEWJ, FJP, DXJR, DXJT, DXJH, DXJC, DXJF
    | 1 Comment
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FXY Description
CurrencyShares Japanese Yen Trust is designed to track the price of the Japanese Yen net of Trust expenses, which are expected to be paid from interest earned on the deposited Japanese Yen.
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Country: Japan
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