Japanese Yen Jun '19 (J6M19)
Japanese Yen Futures Market News and Commentary
The dollar index (DXY00) on Tuesday rose by +0.197 (+0.20%). Dec euro-fx futures (E6Z9) closed down -0.0023 (-0.21%), and EUR/USD (^EURUSD) fell by -0.0020 (-0.18%). Dec yen futures (J6Z9) closed up +0.0013 (+0.14%), and USD/JPY (^USDJPY) fell by -0.13 (-0.12%). The dollar index moved higher Tuesday on weakness in GBP/USD after the UK Parliament approved the principle of UK Prime Minister Johnson's Brexit plan but delayed final approval. The dollar index also rose on weakness in EUR/USD on Eurozone fiscal concerns. GBP/USD fell -0.54% Tuesday after the House of Commons voted 322 to 308 against UK Prime Minister Johnson's fast-track timetable for the Brexit Withdrawal Agreement Bill, which will now make it impossible for PM Johnson to get his Brexit deal ratified by the Oct 31 deadline. However, the EU is set to grant the UK an extension of the Oct 31 deadline, meaning there is no real risk of a no-deal Brexit on Oct 31. GBP/USD was also undercut by Tuesday's UK economic data. The UK Oc... Read more
- UK agrees on BoJo deal, but refuses to hurry up. Snap, Tesla, Microsoft in focus.
British policymakers have finally agreed on a Brexit deal, as Boris Johnsons plan saw the first ever majority in the House of Commons. But policymakers...
- Interest Rate Market Futures Overreacting on the Upside for the First Time in a While
Futures are higher on limited news and appear to be overreacting on the upside for the first time in a while .
- Is Brexit happening? The ball is in Parliament court. P&G to top estimates.
British MPs will vote on whether they go ahead with Johnsons Brexit bill. According to recent talks, Johnson has just enough support to pass his withdrawal...
- USDCAD Remains Vulnerable On Price Extension.
USDCAD remains vulnerable to the downside as it closed further lower on Monday.
- Treasuries Pause Near Resistance Before The Next Rally
...US Treasuries and the US Dollar will continue to strengthen over the next 2 to 6+ weeks...
- Corporate Earnings Reports Support Stock Index Futures
U.S. stock index futures are higher on limited news.