Powershares DB US Dollar Fund UUP Near “Death Cross”
PowerShares DB US Dollar Bullish Fund (trading symbol: UUP), which has roughly $1 billion in assets, has seen some sharp changes in 2010, but has settled within a narrower range since about the middle of August says John Spence of Dow Jones in a Wall Street Journal article.
Limp Currency Funds Revive with a Fresh Investment Infusion
The vitality of currency ETFs was long questioned, as only a few were operating with enough assets to cover expenses. However, investors recently have picked up the pace, investing nearly as much in October as the first nine months of 2009 combined. $548 million was added to currency ETFs in October, pushing the year to [...]
Currency ETF Stimulated by Strong Put Interest
Currency ETFs have yet to grow popular with mainstream investors, but they’re finding a niche with investors who demand the ability to easily buy and sell both currency pairs and stocks within one trading account. The CurrencyShares Japanese Yen Trust (FXY: Quote, Profile, Advanced Chart, News) received six times more put volume on Friday than [...]
Government Intervention Rekindles Currency ETF Carry Trade
An active central bank in the United States is keeping interest rates so low that traders are now re-entering carry trade positions to profit from the difference in bid and ask interest rates at foreign banks. As rates continue to fall in the United States, carry trade investments in other foreign currencies will only grow [...]
NASDAQ Grants First Options on Actively-Managed ETFs
The very first options on actively-managed ETFs were released today, as WisdomTree and the NASDAQ OMX Group have reached an agreement to allow WisdomTree’s actively managed currency funds to start listing options on the exchange. WisdomTree’s funds will be the first actively managed funds to give investors access to options, opening the door for option [...]
USD Explodes Against Yen from Government ETF Intervention
The US dollar continued its run against the Yen after the Japanese government reported that it would buy stocks and ETFs in the open market. With this announcement, currency traders are expecting greater Japanese inflation, which bodes well for the US dollar. Thus far in the year, the leading Nikkei index for Japanese stocks is [...]
ETFs Battle against the World Markets Testing Tech Bubble Lows
The economic crisis brought the Dow Jones Index one step closer to history as it traded a finely drawn line between historic lows. The index settled near a six year low, but it is only a mere 165 points away from 11-year-old territory, according to Bloomberg. The DJ Stoxx Index, which tracks 600 of the [...]
Obama’s Home Plan Stops Yen’s ETF Advance
The US dollar enjoyed an unexpected boost from President Obama’s proposed $75 billion plan to solve the country’s foreclosure issues, making waves in the currency markets on Wednesday. Currency traders expect new confidence in the rebound of the US dollar, which has touched multi-year lows against the Japanese yen. The US dollar has remained weak [...]
ProShares Paves Way to Leveraged Currency ETFs and More
Leveraged exposure to various sectors and indices has become extremely popular among experienced investors seeking out greater return potential. ProFunds Group, a leading provider of direct and inverse products with leverage, is expanding its fleet of funds by twelve to include currency, commodities, and precious metals. The Business Wire press release includes a list of [...]
Access to Russian Currency Now Afforded by New Rydex ETF
Rydex has expanded its collection of eight CurrencyShares ETFs with the launch of a new product to track Russian currency. According to the Market Wire press release, CurrencyShares Russian Ruble Trust (XRU: Quote, Profile, Advanced Chart, News) provides the first currency exposure to the Russian economy and has just begun trading 1,000 Rubles per share [...]






















