By: ETF Trends
November 25, 2013 at 13:58 PM EST
Yen ETF Investors Say ‘Sayonara’ in Risk-On Environment
The Iran nuclear deal helped alleviate some uncertainty in financial markets, bolstering risk-on action and pushing down the safe-haven Japanese yen exchange traded fund, with the currency depreciating to a six-month low against the U.S. dollar. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY)...
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