This suggests that Bernanke wants to provide additional accommodative measures that will essentially depreciate the U.S. dollar against foreign currencies.

As such, most currency-related ETFs have strengthened against the U.S. dollar over the past three months:

  • CurrencyShares Swedish Krona (NYSEArca: FXS): up 4.2%
  • CurrencyShares Euro Trust (NYSEArca: FXE): up 3.0%
  • WisdomTree Emerging Currency (NYSEArca: CEW): up 6.3%
  • PowerShares DB Currency Harvest Fund (NYSEArca: DBV): up 5.3%
  • CurrencyShares Australian Dollar (NYSEArca: FXA): up 2.1%
  • WisdomTree Indian Rupee (NYSEArca: ICN): up 6.6%
  • WisdomTree Brazilian Real (NYSEArca: BZF): up 4.2%

For more information on currency funds, visit our currency ETFs category.

Read the disclaimer; Tom Lydon is a board member of the funds for Guggenheim Investments.

Max Chen contributed to this article.