Noda did direct the intervention in August, and investors are confident Japan will act again if there is a need to cool the Japanese yen down.
Rydex CurrencyShares Japanese Yen Trust (NYSEArca: FXY) has gained 9.4% over the past 12 months. [Japanese Yen ETFs Rise to Record Highs]
Rydex CurrencyShares Japanese Yen Trust
Read the disclaimer; Tom Lydon is a board member of Rydex|SGI.
Tisha Guerrero contributed to this article.
