Fed Could Force Japanese Currency ETF Lower
October 11, 2017 at 10:46 AM EDT
Up 3.4% year-to-date, the CurrencyShares Japanese Yen Trust (NYSEArca: FXY) has been a solid performer among currency exchange traded funds this year. However, closer examination reveals that the yen has recently been retreating. Over the past month, FXY is off 4.3% and some traders believe the...