“Euro-yen is reflecting that euro-Swiss is taken out of the equation at the moment. I wouldn’t be surprised to see the yen strengthen a little bit more,” Forcheski added.

Rydex CurrencyShares Japanese Yen Trust

For more information on the yen currency, visit our Japanese yen category.

Read the disclaimer; Tom Lydon is a board member of Rydex|SGI.

Max Chen contributed to this article.