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HEADLINES:

Japan Creates A Negative Feedback Loop In JGBs And Yen
Tres Knippa • Wed, May 15 • 23 Comments
Yen Below 100 To Benefit Japanese Export Stocks
Richard Cox • Mon, May 13
Japan's Market Drama Continues To Amaze
Doug Short • Mon, May 13 • 2 Comments
What Does Japan Mean For The Rest Of The World?
Tim Duy • Mon, May 13 • 2 Comments
A Continually Rising Yen: Reductio Ad Absurdum
Doug Short • Tue, May 7 • 20 Comments
Week In FX Asia - Yen Bears Are Beginning To See The Light
Dean Popplewell • Fri, May 3 • 1 Comment
Will Japan Create Inflation Or Just Export Deflation?
Daniel R Moore • Mon, Apr 15 • 19 Comments
Forex: Tales From The Currency War
FXstreet • Sun, Apr 14
The Ripple Effect Of 'Abenomics'
Scott Minerd • Thu, Apr 11 • 3 Comments
BoJ Drags USD/JPY Screaming Higher
Dean Popplewell • Fri, Apr 5
Dollar Update: Still Weak, But Improving
Calafia Beach Pundit • Thu, Apr 4 • 5 Comments
On The BoJ's Latest Move: Nothing To See Here Folks, Move Right Along
Scott Sumner • Thu, Apr 4 • 5 Comments
Don't Fight The Japanese Fed; How A Japanese ETF Beat The Dow Jones Industrials
Robert Wagner • Fri, Mar 29 • 5 Comments
Abenomics Vs. Cyprus Jitters
George Liu • Thu, Mar 21 • 3 Comments
Top Themes For The 2013 Forex Market
Mario Sant Singh • Mon, Mar 11
Kuroda To Meet 'Wall Of Reality'
Pater Tenebrarum • Thu, Mar 7 • 1 Comment
The Great Rotation... In Japan?
Julian Marchese • Thu, Mar 7 • 2 Comments
Why G7 Countries Should Not Bother About Japan's Currency War
Investment Biker • Thu, Feb 28 • 2 Comments
Valuing The Yen
Jeremy Johnson • Thu, Feb 28 • 30 Comments
Trade On Abenomics
Tao Long • Wed, Feb 27 • 4 Comments

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Japanese Government Comments and Market Positioning Hint at Additional JPY Intervention
Forexyard • Fri, Aug 12, 2011
The Yen: Still Waters Run Deep
Marc Chandler • Tue, Jul 19, 2011 • 1 Comment
Trading the U.S. Unemployment Claims With Dollar/Yen
Yohay Elam • Fri, Apr 15, 2011
The Carry-Trade Rewind
Felix Salmon • Thu, Apr 7, 2011 • 1 Comment
Intervention: The G-7's 'Cash for Clunkers' Program for the Yen
Mercenary Trader • Fri, Mar 25, 2011 • 6 Comments
Why Is the Yen Rallying?
Evariste Lefeuvre • Tue, Mar 15, 2011 • 2 Comments
JPY Gets Punked in Early Trading
Tyler Durden • Mon, May 4, 2009 • 2 Comments
Retail Sales, PPI - and Why the GDP Could Still Tank
Kathy Lien • Fri, Dec 12, 2008 • 7 Comments

Japan Creates A Negative Feedback Loop In JGBs And Yen
Tres Knippa • Wed, May 15 • 23 Comments
Yen Below 100 To Benefit Japanese Export Stocks
Richard Cox • Mon, May 13
Japan's Market Drama Continues To Amaze
Doug Short • Mon, May 13 • 2 Comments
What Does Japan Mean For The Rest Of The World?
Tim Duy • Mon, May 13 • 2 Comments
A Continually Rising Yen: Reductio Ad Absurdum
Doug Short • Tue, May 7 • 20 Comments
Week In FX Asia - Yen Bears Are Beginning To See The Light
Dean Popplewell • Fri, May 3 • 1 Comment
Will Japan Create Inflation Or Just Export Deflation?
Daniel R Moore • Mon, Apr 15 • 19 Comments
Forex: Tales From The Currency War
FXstreet • Sun, Apr 14
The Ripple Effect Of 'Abenomics'
Scott Minerd • Thu, Apr 11 • 3 Comments
BoJ Drags USD/JPY Screaming Higher
Dean Popplewell • Fri, Apr 5
Dollar Update: Still Weak, But Improving
Calafia Beach Pundit • Thu, Apr 4 • 5 Comments
On The BoJ's Latest Move: Nothing To See Here Folks, Move Right Along
Scott Sumner • Thu, Apr 4 • 5 Comments
Don't Fight The Japanese Fed; How A Japanese ETF Beat The Dow Jones Industrials
Robert Wagner • Fri, Mar 29 • 5 Comments
Abenomics Vs. Cyprus Jitters
George Liu • Thu, Mar 21 • 3 Comments
Top Themes For The 2013 Forex Market
Mario Sant Singh • Mon, Mar 11
Kuroda To Meet 'Wall Of Reality'
Pater Tenebrarum • Thu, Mar 7 • 1 Comment
The Great Rotation... In Japan?
Julian Marchese • Thu, Mar 7 • 2 Comments
Why G7 Countries Should Not Bother About Japan's Currency War
Investment Biker • Thu, Feb 28 • 2 Comments
Valuing The Yen
Jeremy Johnson • Thu, Feb 28 • 30 Comments
Trade On Abenomics
Tao Long • Wed, Feb 27 • 4 Comments

There are no Transcripts on JYN.

Weekend Investor: Cash in on currency shocks with these funds, ETFs

at MarketWatch.com (Jun 18, 2010)

JYN vs. ETF Alternatives

JYN Description

The U.S. dollar/Japanese yen exchange rate is a foreign exchange spot rate that measures the relative values of two currencies, the Japanese yen and the U.S. dollar. When the Japanese yen appreciates relative to the U.S. dollar, the U.S. dollar/Japanese yen exchange rate decreases, the JPY/USD exchange rate increases and the value of the Securities increases; when the Japanese yen depreciates relative to the U.S. dollar, the U.S. dollar/Japanese yen exchange rate increases, the JPY/USD exchange rate decreases and the value of the Securities decreases. The JPY/USD exchange rate is determined by dividing one by the U.S. dollar/Japanese yen exchange rate and truncating the quotient to ten decimal places. Effective December 18, 2008 the U.S. dollar/Japanese yen exchange rate will be the rate reported each day on Bloomberg screen USDJPY WMCO Curncy <GO> at approximately 4:00 p.m., London time, or any successor page.
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Country: Japan

Key Info

In Your Portfolio: A Guide to Currency ETFs and ETNs
Asset Class Performance: Currencies

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Friday, May 24, 3:41 AM The yen is higher vs the dollar as volatility in the currency markets somewhat echo the gyrations in Japanese stock markets. Bank of Japan Governor Haruhiko Kuroda says that the BOJ has no set target for the yen and that stability in Japanese debt market is "extremely desirable." His comments follow the extreme instability yesterday, when 10-year JGB yields rose as high as 1%, prompting the BOJ to step in with a fund-supplying operation. Dollar -0.5% at -¥101.54. Comment! [Global & FX, Top Stories]
Thursday, May 23, 9:07 PM A rebound in Tokyo sees the Nikkei (EWJ) gaining 3% in early action following yesterday's 7% dive. A weaker yen (FXY) is helping, dollar/yen gaining 0.4% to ¥102.37. 5 Comments [Global & FX]
Tuesday, May 21, 11:38 AM In case anyone was curious, Kyle Bass continues to bet on a full-blown Japanese currency (FXY) and government debt (JGBT, JGBL, JGBS, JGBD) crisis. "This gross vs. net argument is just silly," says Bass alluding to large official and other domestic holdings of JGBs. "If they go to try and sell any of those assets, it will create a panic." Bass commissioned a poll of Japanese investors asking their reaction if the government asked them to buy JGBs amid a crisis: 8% said they would buy, 83% said they would "run, not walk" from the paper. 2 Comments [Global & FX]
Monday, May 20, 11:27 AM Silver's (SLV -0.6%) 9% plunge in the first minutes of trading overnight is being linked to hawkish talk from Japanese Economy Minister Akira Amari who warned the yen's (FXY +0.7%) fast decline may be hurting the economy. One fails to see the connection but dollar/yen did dive along with silver and Andrew Wilkinson suggests hedge funds short the yen were forced to raise cash by bailing on stale silver longs. 11 Comments [Commodities, On the Move]
Friday, May 17, 3:46 PM The yen (FXY -0.9%) legs down to a new multi-year low - the dollar now buying ¥103.24 - continuing a truly remarkable move since late last year. It's an instance where politicians told you they were going to devalue, every trader and strategist around told you they were shorting the yen, and sure enough the yen went down ... hard, and in as straight of a line as markets ever allow. Ah, if it were always that easy. Other ETFs: JYN, YCL, YCN. 4 Comments [Global & FX, On the Move]
Friday, May 17, 7:29 AM Copy the Goldman aussie forecast to the yen - its quick tumble also forcing the team to revise lower its already bearish forecasts. The analysts now see the dollar buying ¥110 twelve months out vs. ¥105 previously. The yen's (FXY) marginally stronger this morning, the dollar buying ¥102.40. Comment! [Global & FX]
Monday, May 13, 4:56 AM The yen (FXY) continues its slide , falling to a new four-and-a-half year low against the dollar, helping the Nikkei (NKY) post another triple-digit gain on the session, rising 1.2% to 14782, its highest level since January 2008. The weak yen comes on the heels of the G7's reportedly amicable meeting over the weekend, at which officials were generally supportive of the BOJ's policies and reiterated that Japan's goal is to fight deflation not engage in the targeting of exchange rates. 4 Comments [Global & FX]
Sunday, May 12, 9:49 PM In Japan, the Nikkei (NKY) scales yet another new five-year high, rising 1.39% ahead of key Chinese economic data. Comment!
Friday, May 10, 4:37 AM For the first time since April of 2009, the yen (FXY) fell through the 100-level against the dollar, helping the Nikkei rally nearly 3% on the session and almost 7% on the week. Japanese equities (EWJ) are now trading at levels last seen in January of 2008. Japanese capital flows data finally showed what many had been waiting for since BOJ Governor Kuroda's shot across the bow at deflation: an outflow, as Japanese investors became net buyers of foreign bonds. 6 Comments [Global & FX]
Thursday, May 9, 1:26 PM The yen (FXY -0.8%) has weakened sharply in the last few minutes, with the dollar making another run at ¥100, currently buying ¥99.80. A move into triple digits would be the first time that high for the greenback in 4 years. 4 Comments [Global & FX, On the Move]
Wednesday, May 8, 4:33 AM Fears that flagging demand in the U.S. and Europe would weigh heavily on China's trade data didn't play out, as exports grew 14.7% in April, helping the country swing to a surplus of $18.16B after posting a slight deficit in March. The data surprised analysts, even as some say the numbers may be inflated: "This probably reflects some overinvoicing [as] it was inconsistent with cargo volumes," one economist tells WSJ. Nevertheless, the data serves to buoy regional markets as the Nikkei (NKY) continues its ascent in Japan, rising 0.74% to yet another new five-year record high. Comment! [Global & FX]
Tuesday, May 7, 4:37 AM In Japan, stocks (EWJ) come off a long weekend well-rested and promptly rally to near five-year highs as the Nikkei surges 3.55% on the back of Friday's strong U.S. jobs data. Meanwhile, Australia's central bank cut rates by 25 basis points, sending the aussie (FXA) down 0.6% to two month lows against the dollar. 5 Comments
Monday, April 29, 3:09 PM Excitement for shorting the yen (FXY) has cooled among BAML's hedge fund clients, according to the firm's latest Macro Monitor. More or less a one-way trade for many months, the dollar hit a ceiling of ¥100 earlier this month and has fallen back (currently ¥98). Another popular short, the British Pound (FXB) has been costing traders money and forcing them to cover, a trend BAML suggests isn't fully played out. Comment! [Global & FX]
Friday, April 26, 11:10 AM The yen (FXY +1.6%) races higher, unwinding a bit of what had been about the world's most one-sided trade for the last 6 months. First comes price action then come excuses, and about the best reasons for today's slide in dollar/yen is the BOJ upping its economic forecast at last night's policy meeting, and the weak U.S. GDP print. The surging yen is hitting the year's hottest ETF, DXJ -1.7%. 2 Comments [Global & FX, On the Move]
Friday, April 19, 3:05 PM The yen weakens further as the G-20 statement (word doc) shows the gang agrees Japan's stimulus efforts are necessary and not aimed at devaluing the yen. Speaking to reporters, however, Canadian finmin Flahery says the yen wasn't discussed. Go figure. FXY -1.4%, with the dollar threatening to push over ¥100Y, now at ¥99.58. Comment! [Global & FX]
Tuesday, April 16, 8:28 AM After continuing to strengthen sharply in early trade overnight, the yen is back in full retreat, down more than 1% vs. the dollar which is now buying ¥97.88. Along with the big reversal came a big swing in the Nikkei, which fell more than 2% at one point, but closed down just 0.4%. FXY -1.1%, EWJ +0.6%, DXJ +0.5% premarket. Comment! [Global & FX, On the Move]

ETFdesk
WaysToPlay: Japan Deflation Battle to Push Yen Lower Versus Rivals http://bit.ly/c8Kdnt $FXY $YCS $JYN #YEN #ETF #MKT #FOREX
3/9/10
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ETFdesk
WaysToPlay: Japanese private investors take record bets against yen http://bit.ly/dkPmPk $FXY $$JYN $YCS #ETF #MKT #Forex #Yen
3/4/10
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ETFdesk
WaysToPlay: Fed Frets About Commercial Real Estate http://bit.ly/mJZPD KRE JEM JYN YCL YCS #ETF #MKT #economy
10/7/09
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