“On balance we see some temptation for Kuroda to speak out whether ex cathedra as BoJ Governor or with his personal view Bernanke style so as to get the NKY-JPY train back on track,” said Englander.
Aggressive traders looking to profit from continued weakness in Japanese stocks can consider the ProShares UltraShort MSCI Japan (NYSEArca: EWV), the double-leveraged inverse equivalent of the iShares MSCI Japan ETF (NYSEArca: EWJ).
ProShares UltraShort MSCI Japan
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of DXJ.