FXY - Invesco CurrencyShares Japanese Yen Trust
|Trading Day||April 16|
|Day's Range||86.55 - 86.64|
|52-Week Range||85.08 - 92.01|
The investment seeks to track the price of the Japanese Yen, net of trust expenses. The fund seeks to reflect the price in USD of the Japanese Yen. The sponsor believes that, for many investors, the shares represent a cost-effective investment relative to traditional means of investing in the foreign exchange market.
|Asset Class |
|Inception Date |
Feb 12, 2007
|Ticker Symbol |
|Index Tracked |
Loose monetary policy is creating a conundrum in stock valuations. Investment-grade corporate bond ETFs look inexpensive in comparison.
With the VIX over 60 heading into the weekend, we try to make sense of what options strategies you should be considering.
Japan's GDP growth shrank due to a tax hike and typhoon in Q4. The coronavirus outbreak makes matters worse for the future quarters.
China's coronavirus puts these currency ETFs in focus.
We have highlighted five ETFs that could benefit investors' portfolio and could provide some shelter from the crisis.
Our June 2019 chart for the CurrencyShares Japanese Yen Trust NYSEARCA: FXY showed the fund testing resistance at 89.24.
Given the current geopolitical scenario, the yen is expected to stay strong through 2019.
This Japanese yen ETF has hit a new 52-week high. Are more gains in store for this ETF?
Investors could stash their cash in the following ETFs that offer stability or even profit if market turmoil worsens.