As a trader, I am always on the lookout for opportunities in the market, and lately, the Japanese Yen ETF (FXY) has caught my attention. The Yen has been particularly volatile recently, with a massive ...
FXY's recent recovery is mainly driven by soft US economic outlook. The US trade war has weakened the US dollar, supporting the yen and FXY. The BOJ faces a balancing act: fighting inflation while ...
Invesco CurrencyShares Japanese Yen Trust offers a simple, accessible way to gain USD exposure to the Japanese yen through an ETF structure. FXY is best suited for tactical trading or hedging, ...