Top Bulls Reasons To Buy — Vote below!

Add a New Bulls Reason

Company: CurrencyShares Japanese Yen Trust (FXY)
Current price:
Headline: (100 character max)
Analysis:
Cancel
100%
agree
1 votes

  A Question of Printing Presses

The fundamentals favor a stronger yen and a weaker dollar. The primary reason I think this will hold up until at least the middle of next year is that the US Fed's QE strategy continues while the Japanese Fed refuses to engage in large amounts of QE.

(100 character max) Cancel
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki