Japanese Yen ETF: BOJ Governor Sees No Reason for Strong Currency
May 25, 2014 at 08:15 AM EDT
The Japanese yen, along with the related exchange traded fund, is weakening, as the Bank of Japan tells investors that they shouldn’t bet on further strength. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY) was down 0.2% Friday. FXY dipped 0.2% over the past week, but the fund is still...