Wall Street delivered a solid rally in the first nine months of 2024. The S&P 500 has advanced 20.3%, the Dow Jones has gained 12.3% and the Nasdaq Composite has added 20.7%. The artificial intelligence...
As the Fed prepares for an interest rate cut in its September meeting, expectations are rising that the greenback may weaken, making investments in foreign currencies more attractive. Also, driven by a...
The $6.4T meltdown in global equity markets in recent days is more reflective of a wind-down of yen carry trades used by investors to leverage their bets than a shift in the U.S. economic outlook. There's...
Thanks to hedge funds piling in, the short position on the Japanese yen was near an all-time high. But now, that is unwinding... as are the bets these funds made with the proceeds of the short - buying...
The Japanese yen (FXY) witnessed a dramatic rebound after initially slipping past 160 to the dollar for the first time since 1990, fueling speculation of government intervention to support the currency...
The Japanese yen experienced a significant surge, marking its most substantial rise in nearly a year, fueled by increasing speculation that the Bank of Japan (BOJ) might soon end its negative interest-rate...