Japan ETF Rally has Momentum as Yen Slides

MarketsETF Trends

The CurrencyShares Japanese Yen Trust (NYSEArca: FXY) was one of the best-performing developed market currency exchange traded funds for much of this year, but as a result of the dollar’s recent resurgence, yen strength is a rapidly evaporating theme. FXY traded around $96 for part of October, but the yen ETF closed below $86 on…Click to read more at ETFtrends.com.

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