CurrencyShares Japanese Yen Trust (FXY) volatility flat; yen sells off on Japanese monetary move

August 4, 2011 9:12 AM EDT
CurrencyShares Japanese Yen Trust (NYSE: FXY) is recently down 3.5% in pre-open trading following Japan selling 1 trillion yen ($12.5B) and loosening its monetary reins. Overall option implied volatility of 11 is near its six-month average according to Track Data suggesting non-directional price movement.


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