I always trade USDX on ICE when I have an opinion about the direction of USD....Is there a weighted yen index? (similar to what USDX is for USD) Also: Which products do you trade when you have an general opinion on EUR, USD, JPY, and GBP and on which exchanges do you do it? note: as you probably noticed....I'm not crazy about spot forex, or currency cross futures, as I find them a bit too specific. I'd rather just do the broad weighted index
AFAIK there is no yen index. if i want to trade a specific currency and i don't want spot i'll use CME forex futures. there is plenty of liquidity in the major pairs (eur, gbp, jpy, chf, aud).