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Why The Japanese Yen ETF Is Up

By: ETFdb
The 9.0 magnitude earthquake that struck Japan on March 11th has caused widespread destruction in the northern part of the island nation, leaving thousands dead and hundreds of thousands homeless. The quake ripped through buildings and created a tsunami that reached more than 30 feet high in some places, laying waste to coastal regions that would have otherwise been relatively unscathed by the actual quake. In recent days attention on the aftermath of the temblor has focused on the Fukushima nuclear power plant, which due to flooding and quake damage has been pushed to the brink of a full-scale meltdown that could have severe and long-lasting ramifications that reach far beyond Japan. As a result of this humanitarian crisis and environmental crisis, Japan finds itself facing an economic crisis as well. Though the region of the country impacted directly by the quake accounts for only a small portion of GDP, [...] Click here to read the original article on ETFdb.com. Related Posts: Japan ETFs In Focus After Devastating Quake Three Reasons Why Japanese Yen ETFs Are Headed For A Crash Japanese Yen ETF Investing: Japan Yen ETFs 101 What’s Gotten Into Yen ETFs? Top Performing Currency ETFs From The First Half Of The Year
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