FXY: The Paradox Of A Weak Yen And A BOJ That Is Raising (NYSEARCA:FXY)
· seekingalpha.com
Invesco CurrencyShares Japanese Yen Trust ETF outlook amid BoJ hikes: Fed rates, JGB yields, and geopolitics limit yen upside. Click for more on FXY.
A fund that holds only yen should be the easiest bet right now. The BoJ has raised rates , the carry trade should unwind, the yen should rise. And yet it isn't ...