CurrencyShares Japanese Yen Trust (FXY)

Allstar13913 (99.92) Submitted: 3/12/07 1:04 PM : Start Price: $85.14 FXY Score: 20.61

Japanese Yen Currency ETF.

I believe that the dollar will be weak against the rising yen. The Japanese Central Bank has and will continue to raise interest rates, discouraging the current carry-trade in Yen. I believe the Yen will significantly ap...

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knows09 (< 20) Submitted: 11/08/07 1:26 PM : Start Price: $88.99 FXY Score: 19.27

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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marcd77 (< 20) Submitted: 6/10/07 9:30 PM : Start Price: $82.16 FXY Score: 30.77

Inflation pressures should force higher rates putting pressure on the Yen to appreciate as the carry trade unwinds.

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johnnyrocku (94.37) Submitted: 2/07/08 11:55 PM : Start Price: $93.07 FXY Score: 6.45

Fed is cutting rates, US govt is giving away money they don't have, and spending $1B per day in Iraq, while already in debt by well over $9T. There's no hope for the dollar any time soon.

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GeoPetr (49.15) Submitted: 4/01/08 12:06 AM : Start Price: $99.05 FXY Score: 0.83

The US Dollar will continue to weaken against major currencies until the US current account is more balanced. With high oil prices and the Fed's response to the credit crunch; the dollar is headed lower. The Yen appears to be a strong currency beca...

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guywhitehead (33.50) Submitted: 3/24/08 2:15 AM : Start Price: $100.03 FXY Score: -0.35

The decline of the dollar will continue and this Yen based ETF should rise as a consequence. It gives exposure to the rise in the yen without exposure to the Japanese stock market which could decline as the yen's rise adversely affects exporters.

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pointbite (< 20) Submitted: 1/16/08 10:50 PM : Start Price: $92.86 FXY Score: 9.88

Japan will benefit short term from reversed carry trades

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endymion701 (46.70) Submitted: 3/24/08 11:07 PM : Start Price: $99.70 FXY Score: 1.03

If the United States kept its current-account deficit below one percent of its total output, and if Japan kept its current-account surplus below two percent of its total output, the books would balance better. Until that situation develops, the balan...

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dmciii (94.26) Submitted: 3/19/08 8:13 PM : Start Price: $100.44 FXY Score: -3.07

weak dollar

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capsterok (84.75) Submitted: 4/21/08 3:25 PM : Start Price: $98.36 FXY Score: 1.36

Testing out a portfolio of smallish-cap 5-star stocks found using the CAPS screener. All picks have at least 50 allstars backing them, which should be enough to minimize star rating fluctuations. It's been less than a week, but so far so good!

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