The U.S. dollar could fall further against the yen as investors cover short positions against Japan’s currency.
The CurrencyShares Swiss Franc (FXF) gives exposure.
Also look for safe-keeping with WisdomTree Dreyfus Japanese Yen (JYF). FXY is up 5% year-to-date, FXF is up 0.8%, while JYF is down 1.1% since its May 22 inception.
Read the disclosure, as Tom Lydon is a board member of Rydex Funds.