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Exch traded fund to reflect prices of CN $ in USD
View All Commentary (FXY)
Recs
knows09 (85.17) Submitted: 11/08/07 1:26 PM : Start Price: $88.99 FXY Score: 60.11
Basically a chart play as FXY recently broke through upward resistance. The Yen is undervalued vs. the USD compared to other major currencies, and with the continued destruction of the value of the USD, I believe this is the best currency to be in.
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