U.S. Dollar

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, […]

Metals and mining stocks, along with sector-related exchange traded funds, rallied Wednesday on the depreciating U.S. dollar and speculation that the Federal Reserve would not be able to further tighten rates on a weakening economy The SPDR Gold Shares (NYSEArca: GLD), the world’s largest gold-backed exchange traded product, rose 1.0% Wednesday and broke back above […]

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 […]

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 […]

Interest rate-sensitive assets and related exchange traded funds were relatively unfazed by the Federal Reserve’s announced first rate hike since 2006, suggesting that the markets may have already priced in higher rates. The Federal Open Market Committee announced that it will raise the benchmark interest rate by a quarter of a percentage point to between […]

The Eurozone euro and Japanese yen, along with currency-related exchange traded funds, are bouncing back as a spike in volatility pushed traders to safer corners of the market. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY) rose 0.7% Friday and broke back above its 200-day simple moving average. The CurrencyShares Euro Currency Trust (NYSEArca: FXE) was […]

The U.S. dollar and currency-related exchange traded funds have bounced back to their highest levels since spring as traders bet on diverging central bank policies ahead. Over the past three months, 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, […]

U.S. dollar exchange traded funds continue to strengthen as currency traders anticipate the Federal Reserve is on schedule to normalize its monetary policies, with the euro heading toward dollar parity. Over the past month, the PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), which tracks the price movement of the U.S. dollar against a […]

The U.S. dollar and currency-related exchange traded fund jumped to a seven-month high Friday after an unexpectedly strong October jobs report bolstered the case for a December interest rate hike. 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 […]

As international central banks enact loose monetary policies, foreign investors have turned to U.S. government debt for higher yields, supporting gains in the U.S. dollar and currency-related exchange traded funds. For instance, the U.S. two-year Treasury note currently yields about 0.83% while the Germany Bund 2-year yield is minus 0.32%. The interest rate differential in […]

Markets and exchange traded funds jostled late-Wednesday after the Federal Reserve referenced a December interest rate hike. “In determining whether it will be appropriate to raise the target range at its next meeting, the Committee will assess progress–both realized and expected–toward its objectives of maximum employment and 2 percent inflation,” the Fed said in a […]

The Federal Reserve and European Central Bank are looking at diverging monetary policies where we could see higher interest rates in the U.S. and greater stimulus across the pond. Consequently, international investors and currency exchange traded fund traders should be wary of the currency implications. While the Fed has not pulled the trigger on a […]

While the U.S. is stuck with an anemic inflation rate, investors can ride out a deflationary environment through certain assets and exchange traded funds. According to the Bureau of Labor Statistics, the total national rate of inflation was 0.2% in August, reports Jeff Cox for CNBC. Only the West had a positive Consumer Price Index […]

Without an immediate Federal Reserve monetary policy change, the U.S. dollar and currency-related exchange traded fund have been drifting lower. Over the past 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 euro, Japanese yen, British pound, Canadian […]

The best economists on the planet regularly hamper the investing community. For example, the National Bureau of Economic Research (NBER) acknowledged in December of 2008 that a recession had started one year earlier (December 2007). Unfortunately, by December of 2008, the S&P 500 SPDR Trust (SPY) had already forfeited close to half of its value […]

While many expect the Federal Reserve to push off on a rate hike, there is still a chance of a higher interest rate announcement next week. The change will have wide reaching effects and weigh on many markets and exchange traded funds. The markets currently predict a one in four chance that the Federal Open […]

With the foreign exchange market swinging on central bank policies and the bout of volatility, one U.S. dollar exchange traded fund has been outperforming. Over the past three months, the PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), the largest USD-related ETF with $1.3 billion in assets under management, dipped 2.2% while the actively […]

Currency exchange traded funds that track the euro, Japanese yen and Swiss franc moves against the U.S. dollar are among the few assets turning a positive return Monday as global markets plunged. On Monday, the CurrencyShares Euro Currency Trust (NYSEArca: FXE) was up 1.8%, CurrencyShares Japanese Yen Trust (NYSEArca: FXY) gained 2.7% and CurrencyShares Swiss […]

A fair number of commenters, callers and perma-bulls were relatively tough on me in May when I suggested a strategic decision to raise cash levels. They were even tougher on me when I mentioned the possibility of picking up safer havens like intermediate treasuries via iShares 7-10 Year Treasury Bond (IEF) and intermediate-to-long duration municipal […]

The U.S. dollar, along with currency-related exchange traded fund, has appreciated to a seven-week high against other major currencies as improving U.S. economic indicators add to expectations of an interest rate hike. The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP) has gained 4.2% since the June 18 low and is now trading at […]

The U.S. dollar and related currency exchange traded funds will likely continue to strengthen as traders front-run the Federal Reserve. Year-to-date, 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 […]

Despite the recent hiccup, the U.S. dollar, along with currency-related exchange traded funds, has strengthened this year and will continue appreciating against foreign currencies. Over the past 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 euro, […]

Signs of an improving economy are helping the U.S. dollar and currency-related exchange traded funds recover from a two-month sell-off. Since the May 15 lows, 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 […]

The rebounding U.S. dollar and concerns about China, the second largest world economy, are dragging down commodities prices and related exchange traded funds. Since the Monday close, the PowerShares DB Commodity Index Tracking Fund (NYSEArca: DBC) dipped 2.2%, iPath Dow Jones-UBS Commodity Index Total Return ETN (NYSEArca: DJP) fell 2.3% and iShares GSCI Commodity-Indexed Trust […]

Gold and bullion-related exchange traded funds are experiencing their best rally since January as the depreciating U.S. dollar helped support the gains. Over the past week, SPDR Gold Shares (NYSEArca: GLD) rose 3.1%, iShares Gold Trust (NYSEArca: IAU) added 3.0% and ETFS Physical Swiss Gold Shares (NYSEArca: SGOL) returned 3.0%. After the recent surge, the […]

The U.S. dollar is depreciating against foreign currencies on Federal Reserve rate expectations, but the USD and currency-related exchange traded funds still remain a long-term play. Over the past month, 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 […]

Eurozone currency-related exchange traded funds have regained their footing after tumbling for most of the year, with the euro moving toward a two-month high against the U.S. dollar Thursday. The CurrencyShares Euro Currency Trust (NYSEArca: FXE) was up 0.7% Thursday, with the the euro currency trading as high as $1.125, after strengthening 3.6% over the […]

The U.S. dollar and currency-related exchange traded funds continued to weaken Wednesday, prolonging the worst losing streak for the greenback since 2013, after government data revealed the economy nearly stalled in the first quarter. The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), which tracks the U.S. dollar movements against the euro, Japanese yen, […]