The Japanese currency-related exchange traded fund has been taking a beating, with the yen reeling to a 24-year low against the U.S. dollar, as diverging central bank policies weighed on the Asian currency.
As markets retreat, U.S. dollar-related exchange traded funds have stood out, with the greenback hitting a 20-year high. On Monday, the Invesco DB US Dollar Bullish (NYSEArca: UUP) was flat and the WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEArca: USDU) increased 0.4%. UUP tracks the price movement of the U.S. dollar against a basket of currencies,Read More