Japanese Yen ETF Will Hit new 15-year high today: new buy signal

The Yen rose overnight to a fresh new 15-year high, in spite of all the tough words coming from the Bank of Japan.

We can expect further currency moves., which not only are reflected on stock rices, but will of course cause a new high on the Japanese ETF FXY today.

24-hour chart on the Yen in USDs:


(please click to enlarge, chart is live from INO's tools)

This is the latest chart of the FXY, the Japanese Yen ETF: