Japanese Yen ETF Pops as BOJ Surprises Again
April 28, 2016 at 14:07 PM EDT
In stark contrast to market expectations of further intervention to stimulate a stagnating economy, the Bank of Japan opted to stand pat Thursday, triggering a surge in the Japanese yen and currency-related exchange traded fund. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY) jumped 3.2%...