Japanese Yen ETF Weakens on BOJ Policy Bets
December 26, 2013 at 14:01 PM EST
The Japanese yen exchange traded fund continues to weaken, with the currency depreciating to a five-year low against the greenback, as traders speculate on more aggressive Bank of Japan stimulus measures. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY) is down 0.5% Thursday. FXY is down 17%...