Japanese Yen ETF Retreats as BOJ Sticks to Ultra-Low Rate Commitment
June 17, 2022 at 15:21 PM EDT
A Japanese yen currency-related exchange traded fund plunged on Friday after the Bank of Japan stuck to its ultra-low interest rate policy and pledged to maintain accommodative policies. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY), which tracks the yen against the U.S. dollar, fell 2.2%...
