Invesco Currencyshares Japanese Yen Trust (FXY)
| Assets | $423.09M |
| Expense Ratio | 0.40% |
| PE Ratio | -110.20 |
| Shares Out | 7.25M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | -4.21% |
| Volume | 97,604 |
| Open | 59.30 |
| Previous Close | 59.68 |
| Day's Range | 59.29 - 59.53 |
| 52-Week Low | 57.17 |
| 52-Week High | 66.12 |
| Beta | 0.14 |
| Holdings | 1 |
| Inception Date | Feb 12, 2007 |
About FXY
Fund Home PageThe Invesco Currencyshares Japanese Yen Trust (FXY) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund tracks the changes in value of the Japanese yen relative to the US dollar. FXY was launched on Feb 12, 2007 and is issued by Invesco.
News
BoJ Hikes By 25 Bps And Starts QT: Too Little Too Late, But In Right Direction To Prop Up The Plunging Yen
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 J...
FXY: Yen Exposure In A Time Of Change
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 intervent...
Escape Velocity: Japan's Drift Toward Sustained Inflation
Japan has been struggling for some time to generate enough velocity in inflation to escape the gravitational pull of deflation. The story for the rest of 2024 and into 2025 is now centered on whether ...
FXY: The Japanese Yen Will Determine The Future Of Currency
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, indic...
The Bank of Japan's New Path Ahead
The Bank of Japan is set to normalise monetary policy when certain conditions are met, namely inflation, positive real cash earnings, and a recovery in domestic demand growth. We expect the window for...
End Of An Era - Bank of Japan Reverses Negative Interest Rate Policy
Kazuo Ueda becomes Governor of the Bank of Japan, continuing the loose monetary policies implemented by his predecessor. The BOJ raises short rates from -0.1% to 0.1%, becoming the last central bank t...
FXY: Japanese Officials Warn Of Interventions Again
The Japanese Yen continues to be weak against major global currencies due to the Bank of Japan's negative interest rates policies and high inflation.
Bank of Japan Opens The Door To Ending Negative Rates, But Timing Uncertainty Remains
The Bank of Japan stood pat on monetary policy today as widely expected. But the market is now paying attention to a more positive tone on the wage and inflation outlook, as well as an upgrade to the ...
FXY: Too Fast Too Furious For The Japanese Yen
After years of weakness, the Yen has finally seen a sharp reversal in recent weeks. The move hinges on some fairly aggressive assumptions, though, and might not prove sustainable. In any case, Invesco...
Declining PPIs Perpetuate Japan's TINA Trade
Things were looking tough for the BoJ as recently as this summer, when the country's core CPI bolted north of 4%, far beyond the 2% inflation target that major central banks view as ideal. The Bank of...
China Could Derail Japan's Fragile Recovery
The IMF, the World Bank, and the United Nations all rank China and Japan as the second and third largest economies on the planet. More of what is occurring in the markets should reflect what is happen...
FXY: Possible Upside, But Don't Underestimate Japanese Modesty
The FXY is a way to go long on the yen relative to the USD. The yen has depreciated YTD due to Fed rate hikes and Japanese ultra-dovishness. New BoJ governor, Ueda, may end up being more hawkish, but ...
FXY: The Japanese Yen Likely To Rise Again
The Invesco CurrencyShares Japanese Yen Trust offers investors an opportunity to take advantage of the undervalued Japanese yen and changing monetary policies. The yen has lost 50% of its value agains...
FXY: Government Officials Warn Of Intervention; Take Profits
The Japanese Yen has weakened by over 5% since early May due to the BOJ's decision to maintain its ultra-dovish policies. This is in contrast to other central banks worldwide, which have adopted more ...
FXY: U.S. Recession Could Reignite A Flight To Safety To The Yen
FXY: U.S. Recession Could Reignite A Flight To Safety To The Yen.
FXY ETF: Japan's Flailing Economy Continues To Strengthen Yen
Likely increasing yields in Japanese assets, the BoJ still has a lot to do in policy tightening. Fed slowdown of policy tightening, bond yields may have reached an apex.
FXY: Markets Seem To Have Expected Dovishness
Today, the Bank of Japan came out with their position that they would not further relax their tolerance in the control of the yield curve for government bonds. This means that the BoJ is continuing it...
Japan: A Modest Recovery Will Continue To Be Supported By Accommodative Macro Policies
We expect Japan's GDP growth to slow in 2023 but to remain above its potential rate, supported by an accommodative macro policy environment. The near-term outlook is bleak due to high inflation and we...
FXY: Japan Looks Set To Outperform In 2023
Governor Haruhiko clarified and reaffirmed that the Bank of Japan is not tightening monetary policy. Ongoing accommodative policy, positive wage trends, pent-up demand, and accumulated savings all poi...
Decoding The Yen's Strength And The Move By The BOJ
An announcement made by the Bank of Japan (BOJ) to modify its so-called Yield Curve Control framework immediately created havoc in the currency markets. When all is said and done, the BOJ will be the ...