| Japan currency-hedged exchange traded funds are rebounding as rising speculation of a Federal Reserve interest rate hike sometime this year fueled a strengthening U.S. dollar and depressed the yen currency.
On Tuesday, the WisdomTree Japan Hedged Equity Fund gained 1.4%, iShares Currency Hedged MSCI Japan ETF rose 1.2% and Deutsche X-trackers MSCI Japan Hedged Equity ETF advanced 1.1%. The currency-hedged ETFs are outperforming non-hedged funds as the local currency depreciates against the U.S. dollar...............................................Full Article: Source
|