About Invesco CurrencyShares Japanese Yen Trust (FXY)

The Invesco CurrencyShares Japanese Yen Trust (FXY) is an exchange-traded fund (ETF) that allows investors to gain exposure to the Japanese yen (JPY) currency. The ETF seeks to track the price of the yen relative to the US dollar (USD), providing a way for investors to participate in the foreign exchange market. FXY is designed to provide investors with a convenient and cost-effective way to invest in the yen without the need for a currency trading account.

Investing in the yen can be a way for investors to diversify their currency exposure and potentially benefit from changes in the exchange rate between the yen and the dollar. The yen is often considered a safe-haven currency, meaning that it tends to appreciate in value during times of market uncertainty or economic turmoil. This can make the yen an attractive investment during periods of market volatility.