Invesco CurrencyShares Japanese Yen Trust
Loading news...
Invesco CurrencyShares Japanese Yen Trust (NYSEARCA:FXY - Get Free Report) passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $62.28 and traded as low as $59.06. Invesco CurrencyShares Japanese Yen Trust shares last traded at $59.15, with a volume of 114,503 shares. Invesco CurrencyShares Japanese
Japan stocks are rallying on the BoJ's dovish stance & Takaichi's pro-growth push. Play the trend via ETFs DXJ, DBJP, HEWJ, and YCS.
FXY's recent recovery is mainly driven by soft US economic outlook. The US trade war has weakened the US dollar, supporting the yen and FXY. The BOJ faces a balancing act: fighting inflation while avoiding recession that could stem from the US-Japan trade war -- putting on pause rate hikes in the near future.
Israel's airstrikes on Iran cause global market jitters, driving demand for safe-haven ETFs like GLD, TLT and UUP.
Japan's bond market is causing ripples across global financial markets, with rising long-dated government bond yields threatening to trigger capital flight from the United States and unwind the popular carry trade strategy. The carry trade is a strategy where investors borrow in low-yielding currencies like the yen to invest in higher-yielding assets abroad.
Here, we highlight five safe-haven ETFs that investors should consider adding to their portfolios as trade fears continue to escalate.
Wall Street experienced massive volatility in the first quarter of 2025, largely due to trade uncertainty. International economies and gold outperformed.
Investors can seek safety in these ETFs as broad-based tariff tensions escalate.
The Japanese yen has been in great shape lately due to hawkish monetary policy and higher safe-haven demand.
The Bank of Japan (BOJ) increased its policy rate by 25 basis points to 0.5% on Jan. 24, 2025.
Wall Street delivered a solid rally in the first nine months of 2024.
The “real” policy rate is massively negative, with the new policy rate of 0.25% far below Core CPI of 2.6%. When QT reaches about ¥3 trillion per month in 2026, it would represent a reduction of its JGB holdings of about 0.5% per month.
As the tech stocks crashed lately due to the apparent "AI fatigue", safe-haven ETFs may come to your rescue.
The Invesco CurrencyShares Japanese Yen Trust ETF provides exposure to the yen, which has been the worst performing G7 currency for several years. Recent changes in BoJ policies and currency interventions may signal a potential turnaround for the yen. USD/JPY has broken its trendline and a break back through 152 could signal a significant change in trend.
Japan's Ministry of Finance revealed that the country has conducted its first currency intervention since October 2022, aimed at stabilizing the yen following its decline to a 34-year low in April.
A weak yen is unlikely to end the positive momentum in Japanese equities. The drivers of the recent rally remain, so we stay overweight Japanese stocks.
The Japanese Yen has reached its lowest level since the 1980s, experiencing a significant devaluation trend. The Yen's devaluation to gold is more significant than its devaluation to the dollar, indicating potential economic and financial issues in Japan. With a total public and private debt to GDP over 500%, Japan cannot raise rates without creating an economic crisis.
Wall Street has delivered weak performances since the start of Q2. These safe-haven ETFs can help keep your portfolio secure.
Driven by increased bets of interest rate cuts and a rising trend towards de-dollarization, the greenback is gradually losing its global dominance.
Wall Street surged to close out February with the S&P 500 and Nasdaq Composite notching their best February since 2015.