An ETF that shorts the yen? ProShares Ultra Short Yen ETF (YCS-N) will do this. This is leveraged 2-for-1. Japan is taking the quantitative easing that is going on in the US and putting it on steroids. He thinks Japan has a lot of fundamental problems. They don’t have a lot of immigration and the population is aging. Demographics is making it extremely difficult for them to get out of the disinflationary environment. In many of the industrialized countries, including Canada and the US, we have immigration to help support some of that. This is a short-term ETF and you shouldn’t be holding it for a long-term, use it as a trade.
ProSh UlShrt Yen ETF is a American stock, trading under the symbol YCS-N on the NYSE Arca (YCS). It is usually referred to as AMEX:YCS or YCS-N
In the last year, there was no coverage of ProSh UlShrt Yen ETF published on Stockchase.
ProSh UlShrt Yen ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for ProSh UlShrt Yen ETF.
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In the last year 0 stock analysts on Stockchase covered ProSh UlShrt Yen ETF. The stock is worth watching.
On 2024-12-10, ProSh UlShrt Yen ETF (YCS-N) stock closed at a price of $44.1099.