Three Reasons Why Japanese Yen ETFs Are Headed For A Crash

With ongoing weakness in Europe pushing the euro to double digit losses against major rival currencies this year, many investors have sought out safe havens such as the U.S. dollar to ride out the storm. The presence of general economic uncertainty has sent the greenback sharply higher against virtually every major currency year-to-date. However, a few countries have seen currencies rise against the dollar despite the obvious appeal of the U.S. currency in tumultuous environments. One of these is Japan, as the yen has proven to be stubbornly strong despite implementation of policies designed to weaken the currency [also see Top Performing Currency ETFs From The First Half Of The Year]. A perfect storm over the past few months has helped send the value of the yen higher as many other currencies have plunged. One of the most important factors in the recent rise is the unwinding of the carry [...] Click here to read the original article on ETFdb.com. Related Stories: Japanese Yen ETF Investing: Japan Yen ETFs 101 Three Reasons The Sugar ETF High Is Headed For A Crash Japan’s Currency Woes: Yen ETFs In Focus