Yen ETF Investors Say ‘Sayonara’ in Risk-On Environment

The Iran nuclear deal helped alleviate some uncertainty in financial markets, bolstering risk-on action and pushing down the safe-haven Japanese yen exchange traded fund, with the currency depreciating to a six-month low against the U.S. dollar. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY)...