Tuesday, April 5, 2016

Yen Devaluation

Since the infamous Japanese Fed went into negative interest rate territory, the easing will help devalue the currency. The currency will resume declines as further easing in  Japan is likely to push the yen to its weakest levels since at least 2008 . Luckily, I am currently looking into an ETF that can short the yen. Its ticker is "YCS". It has a low expense ratio and it has a double edge sword that moves against the yen.  Happy Investing :)

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