Yen ETF Could be Ready for a Rally

Markets ETF Trends

The CurrencyShares Japanese Yen Trust (NYSEArca: FXY) is up 3.6% to start 2017, making it one of this year’s best-performing currency exchange traded funds. Some technical analysts believe more upside is coming for the Japanese currency. A depreciating yen is supporting Japanese markets as a weaker currency bolsters the country’s large export industry. Japan currency-hedged…Click to read more at ETFtrends.com.

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