Safe-Haven Japanese Yen ETF Weakens in Risk-On Environment

With attention back on the U.S. economy, investors are turning to riskier assets and exiting safe-haven assets and currency plays, like the Japanese yen exchange traded fund. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY) was down 0.3% Tuesday. The currency fund gained 1.6% over the past...