Japan Currency-Hedged ETFs Have Been Rallying With Yen at Its Weakest Since 2015
March 28, 2022 at 16:03 PM EDT
Japan currency-hedged exchange traded funds are rallying as the yen currency slips to its lowest level since 2015. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY), which tracks the yen against the U.S. dollar, fell 1.0% on Monday and declined 5.9% in March. Meanwhile, the currency-hedged...
