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Dollar ETF Looks To Shed Its Bearish Ways
Monday, August 7, 2017 - 8:28am | 513Read More...Vexing currency market observers, the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP) is down 8.4 percent year to date. That is an arguably stunning decline when considering the Federal Reserve has boosted interest rates twice this year. UUP, the exchange-traded fund proxy for the U.S....
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Dollar ETF Keeps Looking To The Fed
Friday, June 16, 2017 - 10:34am | 468Read More...The Federal Reserve raised interest rates earlier this week, marking the second time this year that the U.S. central bank has boosted borrowing costs. That move by the Fed has helped the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP), widely viewed as a dud this year among developed market...
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Drop A Dime On Dollar ETFs
Wednesday, October 12, 2016 - 12:24pm | 521Read More...It was not long ago that the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP) was the king of currency exchange-traded funds. This year, thanks in large part to the Federal Reserve's refusal to raise interest rates, the dollar and UUP have almost been reduced to court jester status. What...
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An Active ETF For A Dollar Rally
Wednesday, July 6, 2016 - 10:28am | 609Read More...Thanks in large part to the recent Brexit decision, the U.S. Dollar Index is higher by more than 2 percent over the past month. Whether that turns into a more lasting rally for the greenback remains to be seen, but investors have options when it comes to playing a dollar rebound via exchange-traded...
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Switzerland ETF Sort Of Stable, But Currency Is An Issue
Monday, April 11, 2016 - 9:11am | 659Read More...Switzerland is often see as a beacon of economic stability in what can a volatile European scene, but the Swiss franc always looms large for investors considering Swiss equities. Franc strength often weights on Swiss stocks, particularly when the currency is prized as a safe-haven and when gold...
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Swiss Miss: Switzerland Skirts Recession, But ETFs Struggle
Friday, August 28, 2015 - 2:32pm | 664Read More...A large number of diversified developed-markets exchange-traded funds have exposure to Swiss stocks, with Switzerland often being one of the largest country weights following the U.K. and Japan in those funds. So, it should be good news that Switzerland surprisingly avoided a recession in the...
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No Good Deals When Departing Euro
Tuesday, October 9, 2012 - 7:52am | 251Read More...Major global banks will charge customers to hold deposits in currencies such as Swiss francs and the Danish krone in an effort to extract profits from those looking to escape the controversial euro. The two countries have pared interest rates as a way of keeping their currencies from appreciating...
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How to Profit From Moody's Downgrade of Italy
Wednesday, October 5, 2011 - 7:52am | 702Read More...Moody's Investors Service on Tuesday downgraded its ratings of Italian bonds to A2 with a negative outlook, down three levels from the previous rating of Aa2. Moody's Investors Service went on to say that all but the highest rated eurozone countries were also under pressure and could face future...
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Not Safe Havens
Wednesday, August 31, 2011 - 8:18am | 358Read More...Nicole Elliott from Mizuho made an interesting comment on CNBC Europe yesterday: Anything that can go down 10% in one week cannot be considered a safe haven...of course I am talking about the Swiss franc and gold. Both the franc and gold each had big drops (at different times) in August. Not...
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Gold/ Futures Divergence
Monday, August 22, 2011 - 1:59pm | 111Read More...Interesting divergence between S&P 500 futs and gold today: Interesting times. With the Swiss franc and Yen seemingly off limit due to the thread of central bank intervention, it looks like gold could cement its place as the go to safe haven.
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Evidence of Tensions in The Banking Sector
Thursday, August 18, 2011 - 8:53am | 1280Read More...EUR/USD The Euro initially dipped sharply to lows below 1.4350 against the dollar on Wednesday with the currency undermined by sharp losses against the Swiss franc as there was no move to introduce a franc peg. The Euro regained ground strongly and pushed to a high just above 1.45 as the dollar...
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Forex Strategy Outlook: US Dollar Volatility Favors Breakout Trading
Monday, August 15, 2011 - 10:00am | 98Read More...Exchange rate volatility expectations suggest that the US Dollar and Swiss Franc could see significant swings in the week ahead, favoring volatility-friendly breakout strategies and warning against range trading techniques. DailyFX Individual Currenc... Go to http://SwingTradingDaily.com for full...
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SNB Invervention Threats Gather Steam as Franc Target Rate is Floated
Monday, August 15, 2011 - 9:35am | 1218Read More...The Swiss Franc continued its rapid deterioration as reports emerged that the Swiss National Bank was preparing to set a temporary target exchange rate against the Euro. Fundamental Headlines • Swiss Franc Slides Amid Target-Setting Talk – Bloomberg • U.S. Stock Futures Climb; S&P 500 May...
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SNB Invervention Threats Gather Steam as Franc Target Rate is Floated
Monday, August 15, 2011 - 9:35am | 98Read More...Exchange rate volatility expectations suggest that the US Dollar and Swiss Franc could see significant swings in the week ahead, favoring volatility-friendly breakout strategies and warning against range trading techniques. DailyFX Individual Currenc... Go to http://SwingTradingDaily.com for full...
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Profiting from the Zero Growth French Economy
Friday, August 12, 2011 - 6:57am | 663Read More...The French economy unexpectedly stagnated during the 2nd quarter, according to France's National Institute of Statistics and Economic Studies, which reported that France's 2nd quarter economic growth rate was 0% and that consumer spending fell 0.9%. The news is troubling because France is the...
