Japanese Yen ETF Keeps Up with Dollar Strength

MarketsETF Trends

This article was originally published on ETFTrends.com.

While many other Asian currency have depreciated against a stronger U.S. dollar, the Japanese yen and currency-related exchange traded fund have bucked the trend and eked out a positive return this year. The Invesco CurrencyShares Japanese Yen Trust (NYSEArca: FXY) has gained 1.2% year-to-date, with the JPY now trading at ¥110.64 against the dollar The [...]

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