Exchange traded products that follow the yen include CurrencyShares Japanese Yen Trust (NYSEArca: FXY) and iPath JPY/USD Exchange Rate ETN (NYSEArca: JYN). [Taking a Bold Move With Japan ETFs.]
The yen’s surge is threatening profits at Japanese exporters and threatens to wipe out the economic recovery from the earthquake and tsunami, Bloomberg reported Tuesday.
CurrencyShares Japanese Yen Trust
Read the disclaimer; Tom Lydon is a board member of Rydex|SGI.
Tisha Guerrero contributed to this article.