A Yen Currency ETF Is Taking a Beating This Year
June 08, 2022 at 17:00 PM EDT
A Japanese yen-related exchange traded fund is reeling, with the currency touching a fresh two-decade low. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY), which tracks the yen against the U.S. dollar, fell 1.2% on Wednesday. FXY has declined 13.4% year-to-date. Meanwhile, the yen hit 134 against the U.S. dollar Wednesday, its lowest level since February [...] The post A Yen Currency ETF Is Taking a Beating This Year appeared first on ETF Trends .
