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 12 minutes ago
Nvidia stock gains on a two-week ceasefire agreement between the U.S. and Iran. Wedbush explains why the announcement is majorly bullish for NVDA shares....
Barchart 13 minutes ago
AI demand is supercharging hard disk drive pricing. But why is that fueling Seagate’s rise as Wall Street’s top hardware bet?
Barchart 13 minutes ago
FuboTV just gave investors a much clearer path to scale, cash generation, and meaningful EBITDA expansion, but FUBO stock’s sharp rally still leaves...
Barchart 30 minutes ago
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Barchart 33 minutes ago
Albemarle is set to report its Q1 results next month, and analysts are projecting its EPS will climb in triple-digits.
Barchart 36 minutes ago
Cognizant Technology is prepared to deliver its first-quarter results this month, with analysts predicting a single-digit earnings growth.
Barchart 42 minutes ago
Prudential Financial is gearing up to report its FY2026 first-quarter results, and analysts are anticipating a modest, single-digit increase in profits....
Barchart 49 minutes ago
Soybeans are trading 3 to 4 cents higher on Thursday morning. Futures closed the Wednesday session with contracts steady to 3 ¾ cents in the green, getting...
