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The Yen Trust ETF (FXY) -1.3% premarket after BOJ Governor Shirakawa steps down three weeks...

The Yen Trust ETF (FXY) -1.3% premarket after BOJ Governor Shirakawa steps down three weeks ahead of schedule. PM Abe has made it clear he wants someone on the job who will be bolder with monetary policy (the U.S. has a couple to offer). Currently speaking at a news conference, Shirakawa says he's under no pressure to resign early. Sure.
Comments (2)
  • It is hard to find a safer generational investment than shorting yen via a structure such as shorting FXY or shorting JGBs.

     

    Another method to exploit this opportunity here: http://seekingalpha.co...

     

    Finally, if there were a market in BOJ governor longevity, I would recommending shorting that as well.
    5 Feb 2013, 08:28 AM Reply Like
  • The yen is committing hari-kiri.
    5 Feb 2013, 12:05 PM Reply Like
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