CurrencyShares Japanese Yen Trust (AMEX:FXY)
CAPS Rating:
Exch traded fund to reflect prices of CN $ in USD
Exch traded fund to reflect prices of CN $ in USD
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Japan as a country and Japanese companies are losing their economic competitiveness. After decades of trade surpluses, Japan recently had a trade deficit; and the changes seem to be more structural than cyclical. For more info:http://www.moneyandmarkets.com/why-the-yen-is-set-to-weaken-48844