Yen ETF Strengthens to 18-Month High
April 07, 2016 at 13:59 PM EDT
Without much confidence in the Bank of Japan’s ability to stem the tide of a strengthening currency, the Japanese yen and related exchange traded funds have hit an 18-month high. On Tuesday, the CurrencyShares Japanese Yen Trust (NYSEArca: FXY) jumped 1.4% while the ProShares Ultra Yen...