
Invesco CurrencyShares Japanese Yen Trust (FXY)
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The Japanese yen tumbled past 160 per dollar on Wednesday, surpassing its late April 2024 low that previously prompted sharp interventions from the Bank of Japan, which sold forex reserves to curb the yen’s volatility. The yen, as tracked by the Invesco CurrencyShares Japanese Yen Trust (NYSE:FXY), has now fallen to its lowest level since Decem...
Japan's Ministry of Finance revealed that the country has conducted its first currency intervention since October 2022, aimed at stabilizing the yen following its decline to a 34-year low in April.
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The skyrocketing dollar—and collapsing foreign exchange rates, including the pound, euro, yen and others—is good for retirees, and future retirees