FXY: A Surprising Call on a Hot Currency ETF
June 28, 2016 at 08:10 AM EDT
Up nearly 17.5% year-to-date, the CurrencyShares Japanese Yen Trust (NYSEArca: FXY) is undoubtedly one of this year’s best-performing foreign currency exchange traded funds. The yen and FXY have been bolstered by investors’ thirst this year safe-haven assets, a desire that appears to be...