Japanese Currency ETF Plunging, With USD at 20-Year High Against Yen
April 19, 2022 at 17:12 PM EDT
A Japanese currency-related exchange traded fund plunged on Tuesday, with the yen touching a 20-year low against the U.S. dollar, on diverging monetary policy outlook between Japan and the U.S. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY) fell 1.5% on Tuesday and has declined 9.4%...
