The CurrencyShares Japanese Yen Trust (NYSEArca: FXY), one of this year’s preferred safe-haven destinations, is another currency ETF that could see increased activity on the Brexit result.
“Often, the yen is a safety asset so its rise in 2016 even as global stock markets gained ground is unusual, if not disconcerting. Is this another problem for global stock and even commodity markets, both of which are considered to be “risk-on” assets?,” adds Barron’s.
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CurrencyShares British Pound Sterling Trust