ProShares UltraShort Yen

U.S. commodity exporters and pharmaceutical companies are among the top traders, with Japan casting a cautious eye toward the foreign exchange markets, in the coming days. Top exporters with significant Japanese interests include Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX). The weak yen which, on Wednesday, fell to a 34-year low again...

The U.S. dollar fell sharply against the Japanese yen on Thursday as foreign exchange traders interpreted comments by Bank of Japan governor Kazuo Ueda to suggest the central bank will soon end its negative interest rate policy. The U.S. currency fell 2.6% against the yen (USD/JPY) in early trading on Thursday. The yen also gained strongly versus...

Get Marc Chandler's insights on the yen's recovery, upcoming market trends, and stay informed for the week ahead. Click here to read the full analysis.

With inflation proving to be stickier than imagined, the Fed said activity needs to slow much more with the door left wide open for a fourth consecutive 75bp hike in November. Read more here

A shortened trading week on Wall Street will have traders focusing on the FOMC minutes, a few Fed speakers, and the June nonfarm payroll report.