Japanese Yen Cash (J6Y00)
Japanese Yen Futures Market News and Commentary
The dollar index (DXY00) on Wednesday fell by -0.71% and posted a 4-week low.  The dollar plummeted on Wednesday after the US and Iran agreed to a ceasefire, curbing safe-haven demand for the dollar. Also, Wednesday's surge in equity markets reduced liquidity demand for the dollar. In addition, sharply lower T-note yields on Wednesday have weakened the dollar's interest rate differentials.Â
The minutes of the March 17-18 FOMC meeting were neutral for the dollar. The minutes stated that "The vast majority of participants judged that upside risks to inflation and downside risks to employment were elevated, and the majority of participants noted that these risks had increased with developments in the Middle East."
Swaps markets are discounting the odds at 1% for a +25 bp rate hike at the April 28-29 FOMC meeting.
The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to cut interest rates by at least -25 bp in... Read more
Wavetraders Thu Apr 9, 3:08AM CDT
EUR/JPY remains in a strong uptrend, with the potential for further upside despite short-term consolidation.
Barchart Wed Apr 8, 2:34PM CDT
The dollar index (DXY00 ) on Wednesday fell by -0.71% and posted a 4-week low. The dollar plummeted on Wednesday after the US and Iran agreed to a ceasefire,...
Barchart Wed Apr 8, 9:37AM CDT
The dollar index (DXY00 ) is sharply lower today by 1.13% at a 4-week low. The dollar is plummeting today after the US and Iran agreed to a ceasefire,...
Wavetraders Wed Apr 8, 5:10AM CDT
Looking at the daily chart, there is still room for further upside, as the market may have already completed a higher degree five wave decline from the...
Barchart Tue Apr 7, 2:32PM CDT
The dollar index (DXY00 ) on Tuesday fell by -0.11%. The dollar was under pressure on Tuesday on concerns that the lingering Iran war could lead to a...
Barchart Tue Apr 7, 9:36AM CDT
The dollar index (DXY00 ) today is down by -0.04%. The dollar is under pressure today on concerns that the lingering Iran war could lead to a spike in...
Barchart 2 minutes ago
MetLife will release its first-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.
Barchart 6 minutes ago
QUALCOMM will release its second-quarter earnings later this month, and analysts anticipate a double-digit profit dip.
Barchart 8 minutes ago
Oil prices and stocks had soared on the escalation of the Iran war, but a two-week ceasefire sent them plummeting. However, regardless of whether the ceasefire...
Barchart 10 minutes ago
Generac Holdings will release its first-quarter earnings soon, and analysts anticipate a single-digit bottom-line growth.
Barchart 29 minutes ago
Amcor is all set to unveil its fiscal third-quarter earnings soon, and analysts project a single-digit profit growth.
Barchart 38 minutes ago
With many big traders expecting this bounce to be temporary, it’s a great time to look at some bearish options trades.
Barchart 1 hour ago
June S&P 500 E-Mini futures (ESM26) are down -0.31%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.25% this morning as oil prices advanced amid...
Barchart Thu Apr 9, 4:01AM CDT
Trane Technologies is all set to release its fiscal first-quarter earnings soon, and analysts project a single-digit earnings growth.
