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Time for Yen ETF?
The Japanese yen has been in great shape lately due to hawkish monetary policy. Invesco CurrencyShares Japanese Yen Trust FXY has added 3.2% so far this year and about 1% over the past week. More ...
The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ...
Asian markets climb as US bond yields dip, boosting risk appetite. Hang Seng, Nikkei, and ASX 200 rally amid easing trade tensions.
A wild week in the currency markets has left hedge funds heading for the exits on their dollar trades and turning their attention toward the Japanese yen.
The yen strengthened against other G-10 and Asian currencies in the morning session, after a Bank of Japan board member’s remarks boosted prospects of more rate increases.