Foreign Currency ETFs Strong In July
August 7, 2008 – Last month, the U.S. dollar staged a rally, but foreign currency exchange traded funds (ETFs) still pulled through with some decent performance.
The top performer was the WisdomTree South African Rand (SZR), which returned 7.6% in... Continue Reading »
Mexico, Chile ETFs Dust Off After Currencies Stumble
August 6, 2008 – Latin American exchange traded funds (ETFs) are dusting themselves off today after faltering yesterday.
The Chilean peso fell for a third straight day after the Federal Reserve hinted that it would raise rates this year. The... Continue Reading »
Could Mexican and Peso ETFs Be Saying Ole Soon?
July 24, 2008 – Currency exchange traded funds (ETFs) could reflect the news that Mexico’s peso strengthened the most since 2002.
Investors bet against the gap between the U.S. and Mexican benchmark lending rates widening and signaled attention toward the... Continue Reading »
Peso Is At Five-Year High and ETF Hits New Levels
July 17, 2008 – Mexico’s peso is at a five-year high, and it could be just the thing to make the currency’s exchange traded fund (ETF) shout, “Ole!” The CurrencyShares Mexican Peso Trust (FXM) closed yesterday at an all-time... Continue Reading »
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