Japanese Currency ETF Languishes as Yen Hits 24-Year Low Against the Dollar
September 02, 2022 at 15:56 PM EDT
The Japanese currency-related exchange traded fund has been taking a beating, with the yen reeling to a 24-year low against the U.S. dollar, as diverging central bank policies weighed on the Asian currency. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY), which tracks the yen currency moves against the U.S. dollar, was up 0.1% on Friday, [...] The post Japanese Currency ETF Languishes as Yen Hits 24-Year Low Against the Dollar appeared first on ETF Trends .
