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How The Yen Is Affecting Japanese ETFs
Monday, May 7, 2018 - 10:35am | 516It's no secret that Japanese stocks and the yen often move in opposite directions. The inverse relationship was on display in the first quarter when the WisdomTree Japan Hedged Equity Fund (NYSE: DXJ) and the CurrencyShares Japanese Yen Trust (NYSE: FXY) moved in almost exactly opposite...
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Post-Brexit, Banks Could Be Problems For U.K. ETFs
Tuesday, July 26, 2016 - 8:47am | 632Underscoring the vulnerability of U.K. assets in the post-Brexit world, the Guggenheim CurrencyShares British (NYSE: FXB) is lower by nearly 12 percent over the past month. Remembering that when an investor opts for international stocks or funds he or she not only incurs equity risk, but currency...
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Trader Bets on Further Downside in the Euro (FXE)
Wednesday, May 19, 2010 - 10:21am | 162Shares of the CURRENCYSHARES EURO ETF (NYSE: FXE) are higher on the session by 0.82%, currently at $122.77, as the Euro puts in a much anticipated relief rally. Traders are taking the opportunity to get re-short the currency though and are buying puts along the way as well. The June $121 put was...