Markets

Japanese Yen ETF Keeps Up with Dollar Strength

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 [...] Read more on ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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