Most Investors Miss Out on Yen Slide, Japan ETF Rally

Since Aug. 7, the CurrencyShares Japanese Yen Trust (NYSEArca: FXY) has tumbled 4.5% as the yen has hit a series of six-year lows against the U.S. dollar. So precipitous has FXY’s slide been that it was just one of 21 ETFs to hit a new 52-week low on Wednesday. Predictably, a sliding yen has been...