Amid Turmoil, the Allure of Safe-Haven Currency ETFs
January 26, 2014 at 08:00 AM EST
Concern over a slowdown in China, the second largest economy in the world, and volatility in the emerging markets due to quickly devaluing currencies has prompted higher demand for safe-haven currency exchange traded funds plays. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY) increased 0.8%...