January 17, 2013 at 13:40 PM EST
Japanese Yen ETF Tanks on ‘Open-Ended’ Asset Buying Talk
CurrencyShares Japanese Yen Trust (NYSEArca: FXY) fell 1.6% in afternoon trading Thursday to a new 52-week low following a report the Bank of Japan is considering open-ended asset purchases to assist the economy. The central bank will next week consider abandoning its 0.1% floor on short-term...
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