Currency ETFs

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The votes are in and the United Kingdom will dissolve its 43-year membership in the European Union, triggering mass sell-off in global markets and exchange traded funds (ETFs). Leading the plunge, United Kingdom market-related ETFs were the worst hit, with the First Trust United Kingdom AlphaDEX Fund (NYSEArca: FKU), which provides a smart-beta play on […]

European markets and related exchange traded funds (ETFs) were leading the market rebound Thursday ahead of widely observed “Brexit” vote. The European Stoxx 600 ended 1.5% higher Thursday. Meanwhile, in the U.S., the iShares MSCI EMU ETF (NYSEArca: EZU) added 2.7% and the SPDR EURO STOXX 50 (NYSEArca: FEZ) returned 2.8%. The two ETFs both […]

The slow economic outlook coupled with uncertainty over central bank policies and a U.K. referendum have pressured the equities markets. Investors, though, can mitigate the risks by diversifying into exchange traded funds that track safe-haven assets. Among the list of concerns, an ongoing earnings recession in the U.S., an upcoming U.S. presidential election, an unclear […]

With the Bank of Japan holding off further stimulus and concerns over the “Brexit” vote fueling safe-haven bets, the Japanese yen and currency-related exchange traded funds surged Thursday. On Thursday, the CurrencyShares Japanese Yen Trust (NYSEArca: FXY) jumped 1.6% while the ProShares Ultra Yen (NYSEArca: YCL), which tries to reflect the daily 2x or 200% […]

Fueling market uncertainty, the United Kingdom will vote for the so-called Brexit referendum on whether or not it will remain in the European Union, potentially precipitating wide-reaching volatility on global markets and exchange traded funds. Debate on the Brexit vote has heated up as we draw closer to the June 23 referendum date. While many […]

After a tumultuous start this year, U.S. dollar exchange traded funds just registered one of their best monthly gains since 2015, and the greenback may have more room to run. The U.S. Dollar Index (DXY), which tracks USD moves against a basket of major currencies, dipped 5.5% to 93.08 on April 25, but the benchmark […]

In anticipation of the summer doldrums, many have increased cash positions to sit out potential volatility ahead. However, increasing negative sentiment may signal contrarian opportunities for some areas of the market and exchange traded funds. A Bank of America Merrill Lynch fund manager survey revealed that money managers are increasing their cash positions this month […]

Diminished momentum in “Brexit” sentiment helped assuage fears of a United Kingdom break away from the European Union and triggered a surge in the British pound sterling and currency-related exchange traded fund. The CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) increased 1.1% Wednesday. FXB is still down 2.0% year-to-date, weakening this year on uncertainty over […]

Despite a pullback after a six-day run, the U.S. dollar and currency-related exchange traded funds (ETFs) could be on course for a rebound after hitting a one-year low last week. The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), which tracks the price movement of the U.S. dollar against a basket of currencies, including […]

The foreign exchange market, or forex, is the largest, most liquid financial market in the world. Investors can easily track currency moves through exchange traded funds (ETFs). Investors who want exposure to a forex exchange market without dealing with futures or directly with a forex account may be better suited trading in currency ETFs, which […]

In a bid to assuage deflation concerns, the Reserve Ban of Australia cut its official rate to a historic low Tuesday, triggering a sell-off in the Aussie dollar and potentially lifting currency-hedged country-specific exchange traded funds (ETFs). The CurrencyShares Australian Dollar Trust (NYSEArca: FXA), which tracks the Aussie against the U.S. dollar, fell 2.0% Tuesday […]

Japanese markets closed lower Monday, but on the other side of the globe, U.S.-listed Japan country-specific exchange traded funds bounced as speculators tried to catch the falling knife. Japanese stocks plunged Monday, with the Nikkei 225 Index down 3.1%, on the yen currency’s jump to a one-and-a-half year high against the U.S. dollar, weak earnings […]

The U.S. dollar and related exchange traded fund may be going into a seasonally strong period for the currency. The U.S. Dollar Index, which tracks the movement of the greenback against a basket of developed foreign currencies, has appreciated in May for every year but one since 2007, and the month of May has been […]

In stark contrast to market expectations of further intervention to stimulate a stagnating economy, the Bank of Japan opted to stand pat Thursday, triggering a surge in the Japanese yen and currency-related exchange traded fund. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY) jumped 3.2% Thursday as the U.S. dollar depreciated 3.0% to ¥108.2. Meanwhile, the […]

Japanese equities bounced Friday, with currency-hedged exchange traded funds leading the charge on a weakening yen, as speculators bet the Bank of Japan will give banks a helping hand. Currency hedged ETFs, which diminished the negative effect of a weaker yen currency, outpaced non-hedged funds, on Friday. For instance, the WisdomTree Japan Hedged Equity Fund […]

Without a Doha accord on an oil production freeze, the markets may suffer through an extended period of low oil prices, potentially causing a ripple effect that could extend to financial sector and U.S. dollar exchange traded funds. “While nothing explicitly has been said, it’s not a far reach to suggest that the production freeze […]

The CurrencyShares British Pound Sterling Trust (NYSEArca: FXB), which tracks the movement of the British pound against the U.S. dollar, is down more than 4% year-to-date, making it one of the worst-performing developed market currency ETFs. Most, if not all, of FXB’s struggles can be attributed to fears that Great Britain could opt to leave […]

Without much confidence in the Bank of Japan’s ability to stem the tide of a strengthening currency, the Japanese yen and related exchange traded funds have hit an 18-month high. On Tuesday, the CurrencyShares Japanese Yen Trust (NYSEArca: FXY) jumped 1.4% while the ProShares Ultra Yen (NYSEArca: YCL), which tries to reflect the daily 2x […]

An exchange traded fund that tracks emerging market currencies has surged against the U.S. dollar as currencies from the developing economies experience their best month in 18 years. The WisdomTree Emerging Currency Strategy Fund (NYSEArca: CEW) jumped 5.0% so far this month and was 4.3% higher year-to-date. CEW tracks the U.S. dollar against the Mexican […]

The Japanese yen weakened for the seventh day, bolstering export-heavy Japanese market and currency-hedged country-specific exchange traded funds. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY) dipped 0.5% as traders trimmed their safe-haven bets in light of an improving U.S. economy and on renewed bets that the Federal Reserve would hike rates. The U.S. dollar gained […]

The U.S. dollar and currency-related exchange traded funds are regaining ground after Federal Reserve officials fueled speculation that the central bank could raise interest rates at its next meeting. Meanwhile, the PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), which tracks the price movement of the U.S. dollar against a basket of currencies, including […]

U.S. dollar experienced one of its worst three-week streaks in over four years  PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP) has declined 3.8% since the start of March PowerShares DB US Dollar Index Bearish Fund (NYSEArca: UDN) jumps 3.9% since the start of the month The U.S. dollar experienced one of its worst three-week streaks […]

Traders may hedge the so-called Brexit risk through the Swiss franc and currency-related ETF FXF  has been a traditional safe-haven play in times of volatility FXF has gained 1.3% year-to-date as global volatility pressured riskier assets Market observers are growing anxious as the United Kingdom contemplates breaking away from the European Union. However, traders may […]

Federal Reserve keeps short-term interest rates unchanged at a range of between 0.25% and 0.5% Fed officials also suggested there will only be two more rate hikes this year Weakening dollar helps bolster commodity assets With the Federal Reserve keeping short-term interest rates unchanged, rate-sensitive exchange traded funds popped while some trades dependent on higher rates […]

Chinese yuan currency-related ETFs strengthen to a four-month high The yuan currency touched its strongest level against the U.S. dollar since early December on Friday China may be trying to keep its currency in line with its top trading partners – Japan and Europe, says RBC Capital Markets Chinese yuan currency-related exchange traded funds have strengthened […]

Euro currency ETFs strengthen as investors digest expanded stimulus policy Stronger euro currency helped prop up the non-hedged Eurzone ETFs European stocks also pushed higher earlier after the ECB said it would lower deposit rates to minus 0.4% from minus 0.3% The euro currency exchange traded fund strengthened and Eurozone equities reversed earlier gains, as investors […]

The U.S. dollar is regaining ground, with the greenback-related exchange traded fund trading back above its long-term trend line, on the recent upbeat economic data. The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), which tracks the price movement of the U.S. dollar against a basket of currencies, including the euro, Japanese yen, British […]

Japanese equities and country-specific exchange traded funds have suffered through the recent global sell-off, but the developed Asian market could turn around and end the year on a high note. Year-to-date, the iShares MSCI Japan ETF (NYSEArca: EWJ) fell 10.6%, Deutsche X-trackers Japan JPX-Nikkei 400 Equity ETF (NYSEArca: JPN) dropped 9.8% and iShares JPX-Nikkei 400 […]

As Great Britain potentially parts ways from the European Union in the so-called Brexit, the British pound sterling dipped to a seven-year low against the U.S. dollar, with currency-related exchange traded fund falling to an all-time low. The CurrencyShares British Pound Sterling Trust (NYSEArca: FXB), which tracks the movement of GBP against the USD, fell […]

The market sell-off has dragged on growth stocks. With the Nasdaq recovering, some sector exchange traded funds may surprise investors. While a rebound in growth stocks may cause investors to turn back to the PowerShares QQQ (NasdaqGM: QQQ), which tracks the tech heavy Nasdaq-100, the technology sector may not be the best area to look […]