“Oh, how I despise the yen, let me count the ways.” I’m sure Shakespeare would have come up with this line of iambic pentameter if he were a foreign exchange trader. I firmly believe that a short position in the yen (FXY) should be at the core of any hedged portfolio for the next decade.
To remind you why you should hate the Japanese currency, I’ll refresh your memory with this short list:

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The Collapse of the Yen: The Big Break is Near