Invesco CurrencyShares Japanese Yen Trust
FXY

$64.89

0.7%

Market Cap: $415M

Financials Commodity Contracts Brokers & Dealers

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

264% more call options, than puts

Call options by funds: $60.6M | Put options by funds: $16.7M

11% less funds holding

Funds holding: 65 [Q1] → 58 (-7) [Q2]

25% less capital invested

Capital invested by funds: $138M [Q1] → $104M (-$34M) [Q2]

45% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 22

47% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 15

101.64% less ownership

Funds ownership: 132.88% [Q1] → 31.24% (-101.64%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for FXY.

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Financial journalist opinion

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 JGB holdings of about 0.5% per month.

BoJ Hikes By 25 Bps And Starts QT: Too Little Too Late, But In Right Direction To Prop Up The Plunging Yen

Zacks Investment Research

Why to Add Safe Haven ETFs to Your Portfolio?

As the tech stocks crashed lately due to the apparent "AI fatigue", safe-haven ETFs may come to your rescue.

Why to Add Safe Haven ETFs to Your Portfolio?

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 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.

FXY: Yen Exposure In A Time Of Change

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 inflation will be sustained at the BOJ's 2% target.

Escape Velocity: Japan's Drift Toward Sustained Inflation

Zacks Investment Research

ETFs to Watch on Japan's First Yen Intervention Since 2022

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.

ETFs to Watch on Japan's First Yen Intervention Since 2022

Weak Yen Unlikely To End Japan's Rally

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.

Weak Yen Unlikely To End Japan's Rally

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, 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.

FXY: The Japanese Yen Will Determine The Future Of Currency

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 normalisation to open from July for about a year before inflation begins to fall below 2%.

The Bank of Japan's New Path Ahead

Zacks Investment Research

3 Safe-Haven ETFs to Add Health to Your Portfolio Now

Wall Street has delivered weak performances since the start of Q2. These safe-haven ETFs can help keep your portfolio secure.

3 Safe-Haven ETFs to Add Health to Your Portfolio Now

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 to exit a Negative Interest Rate Policy.

End Of An Era - Bank of Japan Reverses Negative Interest Rate Policy

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