Yen Hedged ETFs Regain Momentum
December 02, 2016 at 08:59 AM EST
The CurrencyShares Japanese Yen Trust (NYSEArca: FXY) is in bad shape and that is good news for a group currency exchange traded funds. After tumbling nearly 9% over the past month, FXY resides just 7.9% above its 52-week low and more downside is seen for the Japanese currency as the dollar climbs....