Is The Uptrend In FXY Over?

By: ETFdb
When it comes to international investing, Japan is one particular corner of the market that receives a tremendous amount of attention, although not always for optimistic reasons. This developed Asian economy has struggled to regain its footing on the global stage since the early 1990s, following the collapse of its stock market. Since then, Japan has failed to regain its edge as an exporting powerhouse thanks to stiff competition from booming neighbors like China, South Korea, and Taiwan. Despite the rather pessimistic outlook for this sluggish economy, the Japanese yen has remained (stubbornly) resilient in the currency market, however, this uptrend may be nearing its end [see Ex-Japan ETFs In Focus]. While many are quick to point out the problems plaguing Japan’s economy, few have taken the time to examine how its currency has been behaving. In short, the Japanese yen has been steadily marching higher versus the U.S. dollar since mid-2007. However, recent [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Will The Bears Crash Earnings Season? ETF Insider: Was The Greek Bailout Priced In? ETF Insider: Beware Of Earnings Volatility ETF Insider: Will Holiday Cheer Be Enough? October ETF Data: Surge In Inflows, Back Above $1 Trillion
When it comes to international investing, Japan is one particular corner of the market that receives a tremendous amount of attention, although not always for optimistic reasons. This developed Asian economy has struggled to regain its footing on the global stage since the early 1990s, following the collapse of its stock market. Since then, Japan has failed to regain its edge as an exporting powerhouse thanks to stiff competition from booming neighbors like China, South Korea, and Taiwan. Despite the rather pessimistic outlook for this sluggish economy, the Japanese yen has remained (stubbornly) resilient in the currency market, however, this uptrend may be nearing its end [see Ex-Japan ETFs In Focus].  While many are quick to point out the problems plaguing Japan’s economy, few have taken the time to examine how its currency has been behaving. In short, the Japanese yen has been steadily marching higher versus the U.S. dollar since mid-2007. However, recent [...]

Click here to read the original article on ETFdb.com.

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