Overview
Description
ETFS Long JPY Short USD is a type of exchange-traded currency product designed to offer investors exposure to movements between the Japanese yen (JPY) and the U.S. dollar (USD). This financial instrument is structured to benefit when the Japanese yen strengthens against the U.S. dollar, essentially representing a long position in JPY and a short position in USD. ETFS Long JPY Short USD is often utilized by investors seeking to hedge currency risk or to speculate on currency fluctuations between these two major economies. The product plays a significant role in the forex market by providing a strategic tool for currency traders and portfolio managers who need a cost-effective, liquid avenue to access the JPY/USD currency pair without venturing into the spot forex market directly. By offering an easily accessible method to capitalize on currency trends, this ETFS currency product helps investors diversify their portfolios and manage currency exposure efficiently.
About
Address
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Phone
+44 20 7355 9810
Website
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Instrument type
ETF
Country
United Kingdom
MIC code
XLON