Currency ETFs

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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 […]

Traders found solace in safe-haven currency exchange traded funds as global uncertainty fueled the risk-off environment. On Tuesday, the CurrencyShares Euro Currency Trust (NYSEArca: FXE) was up 1.0%, CurrencyShares Japanese Yen Trust (NYSEArca: FXY) gained 0.8% and CurrencyShares Swiss Franc Trust (NYSEArca: FXF) was 1.6% higher. Over the past week, FXE added 2.7%, FXY increased […]

The U.S. dollar plunged Wednesday, with a greenback-related exchange traded fund dipping below its long-term trend line, as the worsening economic outlook and ongoing volatility added to skepticism that the Federal Reserve would pull the trigger on another rate hike anytime soon. The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP) fell 2.0% Wednesday, […]

The Bank of Japan unexpectedly implemented negative interest rates Friday in response to the volatile global markets that has added to its ongoing deflationary risks, bolstering Japan country-specific exchange traded funds and pulling the rug from under the yen currency. The iShares MSCI Japan ETF (NYSEArca: EWJ), the largest Japan-related ETF, was 1.8% higher Friday. […]

With global volatility threatening the Eurozone economic recovery, the European Central Bank could be forced to enact more aggressive measures, potentially lifting Europe-related exchange traded funds. ECB president Mario Draghi said that officials will review their plans at the next policy session in March and stated that there are “no limits” on how far the […]

While volatility racked the markets, currency exchange traded funds that track safe-haven currencies like the euro, Japanese yen and Swiss franc strengthened. On Friday, the CurrencyShares Euro Currency Trust (NYSEArca: FXE) was up 0.4%, CurrencyShares Japanese Yen Trust (NYSEArca: FXY) gained 0.9% and CurrencyShares Swiss Franc Trust (NYSEArca: FXF) was 0.9% higher. FXY has been […]

Exchange traded fund investors thinking about international exposure may capture improved growth abroad if the strength in the U.S. dollar slows down. John Bilton, global head of multi asset strategy at JPMorgan Asset Management, argues on the Financial Times that the dollar strength will not become excessive, which will help reinforce the US expansion and […]

European stocks and region-specific exchange traded funds were among the best international markets as the European Central Bank’s loose monetary policies added to the early year rally. Eurozone equities were leading during the first half of the year as the ECB enacted an aggressive bond purchasing program and cut rates. However, the markets soured on […]

While many anticipate the U.S. dollar to continue to strengthen against foreign currencies, especially with the Federal Reserve targeting higher rates, the Canadian dollar and currency-related exchange traded fund may outperform the greenback. Many currency watchers anticipate the USD to appreciate against foreign currencies, albeit at a slower pace. “The move may be more muted […]

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 pound, Canadian dollar, Swedish krona and Swiss franc, has climbed nearly 18% over the past two years, making the Dollar Index tracking ETF one of […]

The CurrencyShares Euro Currency Trust (NYSEArca: FXE) is 10.6% this year, good for one of the worst performances among exchange trade funds tracking developed market currencies. While a major rebound for FXE and the common currency next is not something many currency market analysts are expecting, investors might do well to temper expectations for significant […]

The Bank of Japan announced Friday that it will maintain the quantitative easing program and increase purchases of Japanese equities through exchange traded funds. However, market observers were unimpressed by the extended measures to combat a prolonged growth stunt. Japanese equities weakened Friday, with the Nikkei 225 index falling 1.9% to 18,986.8, after the BOJ […]

After the Federal Reserve announced the start of higher interest rates, the weaker euro currency, along with the improved outlook for European exporters, is supporting currency-hedged Europe exchange traded funds. Euro-currency hedged ETFs, which diminish the negative effects of a stronger dollar or weaker euro currency, outpaced other Europe ETFs as the falling euro helped […]

Following Wednesday’s news of the Federal Reserve’s first interest rate hike in nearly a decade, 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 pound, Canadian dollar, Swedish krona and Swiss franc, closed higher […]