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SymbolStock Name
Latest PriceChg%ChgVolumeTurnoverOpenPre CloseHighLowMarket CapFloat CapSharesShs Float5D %Chg10D %Chg20D %Chg60D % Chg120D %Chg250D %Chg% Year-to-dateDiv YieldTTMTurnover RatioP/E (TTM)P/E (Static)AmplitudeIndustry
US FuturesDetailed Quotes
6JMAIN Japanese Yen Futures(SEP4)
- 0.0064395
- -0.0000245-0.38%
10min DelayMarket Closed Jun 14 15:59 CT
0.0064670High0.0064070Low
0.0064600Open0.0064640Pre Close281.75KVolume86.45KOI Change12500000Multiplier261.94KOI0.0064640Prev Settle--LTD--Remaining
Intraday
- 5D
- 1D
- 1W
- 1M
- 1Q
- 1Y
News
The governor of the Bank of Japan becomes more hawkish! Exchange rates for the Japanese yen have returned to 157.
There may be a rate hike in July, and the scale of bond purchases may be significantly reduced.
Forex Today: Japanese Yen Slides as BoJ Maintains Policy Settings
The Japanese Yen (JPY)stays under selling pressure on Friday as markets assess the Bank of Japan's (BoJ) monetary policy announcements.
Core inflation may accelerate, and the Bank of Japan is expected to raise interest rates further.
Economists expect that Japan's core CPI year-on-year growth rate in May may accelerate from 2.2% last month to 2.6%, which will lead to the Bank of Japan continuing to raise interest rates in the coming months.
The Bank of Japan kept interest rates unchanged and announced that it will not decide on reducing its bond-buying program until next month. The yen fell close to the "intervention range".
The Bank of Japan kept interest rates unchanged on Friday, but stated that the reduction in bond purchases will be announced at the July meeting, which in fact is delaying the process of normalizing monetary policy. On June 14, the Bank of Japan announced its latest interest rate decision, maintaining the benchmark interest rate at 0-0.1%, and the committee unanimously agreed on the interest rate resolution by 0-9, which was in line with market expectations. In terms of bond purchases, the Bank of Japan was "ambiguous," announcing a reduction in the amount of government bond purchases, but continuing to purchase bonds based on the March decision, and will announce a reduction in the bond purchase plan at the next July meeting, deciding on the purchase of government bonds for the next 1-2 years. The Bank of Japan stated that it will hold a "bond market"
Japanese Yen Remains Subdued Ahead of BoJ Policy Decision
The Japanese Yen edges lower as the BoJ is widely expected to leave interest rates unchanged on Friday
Japan's Producer Inflation Hits Fastest Clip in Nine Months
The pace of gains in Japan’s producer prices quickened more than expected in May, registering the fastest clip in nine months, adding to signs of simmering inflationary pressure ahead of the Bank of Japan’s meeting this week.
Comments
$Japanese Yen Futures(SEP4)(6Jmain.US$
Short-Term Rally in the Yen
The yen has been on a big rally for over a month now. This is mostly due to the expectation that the Fed will stop cutting interest rates. Ueda also hinted towards the idea of increasing interest rates in his previous comments. This would add strength to the yen. But I won't believe it until I actually see it.
Forex Machanics
There are a few variables that could affect the path of yen ...
Short-Term Rally in the Yen
The yen has been on a big rally for over a month now. This is mostly due to the expectation that the Fed will stop cutting interest rates. Ueda also hinted towards the idea of increasing interest rates in his previous comments. This would add strength to the yen. But I won't believe it until I actually see it.
Forex Machanics
There are a few variables that could affect the path of yen ...
+1
9
1
It looks like the market is already pricing it in.
$Japanese Yen Futures(SEP4)(6Jmain.US$
$Japanese Yen Trust(FXY.US$ $Proshares Ultra Yen(YCL.US$
$Japanese Yen Futures(SEP4)(6Jmain.US$
$Japanese Yen Trust(FXY.US$ $Proshares Ultra Yen(YCL.US$
2
2
CPI Data Pushes Equity Investors Into a Buying Frenzy
The CPI reading was the final push the market needed to fall back into a bull market. Yields are tanking with the dollar. This is bullish for equities in the "bad news is good news environment," equities are ripping, and gold is tagging along. I think it is safe to say that things are looking very bullish. Short premiums are crushed across the board.
I believe that most of the market was expecting this suppressed...
The CPI reading was the final push the market needed to fall back into a bull market. Yields are tanking with the dollar. This is bullish for equities in the "bad news is good news environment," equities are ripping, and gold is tagging along. I think it is safe to say that things are looking very bullish. Short premiums are crushed across the board.
I believe that most of the market was expecting this suppressed...
+5
17
4
$Japanese Yen Futures(SEP4)(6Jmain.US$
Macro Update
Over the weekend, the Bank of Japan Governor Kazuo Ueda said that the central bank could end its negative interest rate policy when the 2% inflation target is sustainability achieved. He added that the BOJ could have enough data by the end of the year to determine whether it can proceed with policy changes.
Yen futures are reacting strongly to start off the week in japanese bond and forex markets. The yen has taken a beati...
Macro Update
Over the weekend, the Bank of Japan Governor Kazuo Ueda said that the central bank could end its negative interest rate policy when the 2% inflation target is sustainability achieved. He added that the BOJ could have enough data by the end of the year to determine whether it can proceed with policy changes.
Yen futures are reacting strongly to start off the week in japanese bond and forex markets. The yen has taken a beati...
+2
2
8
I still haven't bought thoughRead more
srimoen : i think can be 40k right time n' waiting for it