CurrencyShares Japanese Yen Trust (NYSEMKT:FXY)
CAPS Rating:
Exch traded fund to reflect prices of JPY in USD
Exch traded fund to reflect prices of JPY in USD
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Recs
The savings proclivity of the Japanese is going away, QE infinity is worse than in the US, Japan is becoming an import economy, and there is already downward momentum on the yen.