Why The Swedish Krona Is Falling
Andrew Sachais - at Seeking Alpha - Fri Feb 13, 3:45AM CST
FXS: 118.19 (+0.68)
Ceasefire With Russia, No Deal On Greece
Marc Chandler - Seeking Alpha - Thu Feb 12, 6:18AM CST
A ceasefire in the Ukraine appears to have been reached, and despite some confusion late yesterday, no compromise has been struck over the new Greek government's demand that it is recognized that the previous agreements are not working. However,...
FXA: 77.69 (+0.23), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXE: 112.16 (-0.15), UUP: 24.91 (-0.01), FXS: 118.19 (+0.68), EWJ: 11.93 (+0.14)
Europe higher on Ukraine deal, Sweden QE, Greece delay
Seeking Alpha - at Seeking Alpha - Thu Feb 12, 5:17AM CST
EWD: 33.52 (+0.29), GREK: 13.65 (+0.66), FXS: 118.19 (+0.68)
Beware Of Greeks Bearing Collateral
Marc Chandler - Seeking Alpha - Thu Feb 05, 5:35AM CST
The main story today is not that the ECB will no longer (as of February 11) accept Greek government bonds as collateral and that Greek banks can have access to the national central bank via the Emergency Lending Assistance. That news broke late in...
FXA: 77.69 (+0.23), FXE: 112.16 (-0.15), FXS: 118.19 (+0.68)
Swiss Out, Danes In: Pegs And Euro Mess
Constantin Gurdgiev - at Seeking Alpha - Mon Jan 26, 6:11AM CST
My comment from earlier this week on SNB and Denmark's Nationalbank pegs decisions (link to press article to be updated later): There are two truths about currency pegs. The first one is that no Central Bank is an island. In other words, all pegs...
ULE: 17.62 (-0.02), URR: 19.48 (+0.08), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), EUO: 24.16 (+0.03), EUFX: 42.41 (+0.07), ERO: 43.16 (unch), FXS: 118.19 (+0.68), DRR: 55.92 (-0.18)
Dollar Outlook: Now It Gets Tricky
Marc Chandler - at Seeking Alpha - Sun Jan 18, 2:33AM CST
Saying the US dollar had a good week even though it lost 18.5% against the Swiss franc may be a bit like the old joke about asking Mrs. Lincoln, "besides that how was the play?" The Swiss National Central Bank's unexpected decision to...
SPY: 209.78 (+0.86), DIG: 57.30 (+2.23), FXA: 77.69 (+0.23), OIL: 12.01 (+0.34), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), UDN: 22.76 (+0.03), UUP: 24.91 (-0.01), FXS: 118.19 (+0.68)
Oil Continues To Slide, Blowing Deflationary Winds
Marc Chandler - at Seeking Alpha - Tue Jan 13, 5:58AM CST
Brent oil is off another 3% today, taking its decline since the end of last year to 20%. This is overshadowing other macro-economic forces. With the Federal Reserve among the least likely central banks to respond, the dollar is firm, even if within...
USO: 19.62 (+0.44), OIL: 12.01 (+0.34), FXB: 151.21 (+0.01), UUP: 24.91 (-0.01), FXS: 118.19 (+0.68)
European Investors: How To Protect Yourself From Deflation
Kristin Blumenroether - at Seeking Alpha - Mon Jan 12, 7:18AM CST
ULE: 17.62 (-0.02), URR: 19.48 (+0.08), GLD: 117.98 (+0.64), EZU: 38.29 (+0.09), FXE: 112.16 (-0.15), EUO: 24.16 (+0.03), EUFX: 42.41 (+0.07), ERO: 43.16 (unch), UUP: 24.91 (-0.01), FXS: 118.19 (+0.68), DRR: 55.92 (-0.18)
Best And Worst Performing Currency ETFs Of 2014
Zacks Funds - Seeking Alpha - Tue Jan 06, 2:59PM CST
Currency markets had an eventful 2014 with the U.S. dollar touching multi-year highs against a basket of major currencies. Improving U.S. economic data, escalating geopolitical tensions, diverging central bank policies around the world and chances of...
INR: 36.21 (-0.48), FXY: 81.87 (+0.09), UUP: 24.91 (-0.01), FXS: 118.19 (+0.68)
Best and Worst Performing Currency ETFs of 2014 - ETF News And Commentary
Zacks Equity Research - ZACKS - Mon Jan 05, 9:02AM CST
Which were the best and worst performing currency ETFs of 2014?
INR: 36.21 (-0.48), FXY: 81.87 (+0.09), UUP: 24.91 (-0.01), FXS: 118.19 (+0.68)
Currencies And Brent
Marc Chandler - Seeking Alpha - Fri Dec 12, 9:07AM CST
This Great Graphic , created on Bloomberg, shows how well the euro (white line) appears to have tracked the price of the front-month Brent futures contract. One of the reasons this week proved so challenging for foreign exchange traders is that...
FXA: 77.69 (+0.23), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), OIL: 12.01 (+0.34), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), UUP: 24.91 (-0.01), FXS: 118.19 (+0.68)
What Is Going Wrong With The Swedish Krona
Andrew Sachais - at Seeking Alpha - Thu Nov 27, 11:14PM CST
UDN: 22.76 (+0.03), USDU: 27.70 (unch), UUP: 24.91 (-0.01), FXS: 118.19 (+0.68)
Firm Grasp Of The Obvious: Dollar Bull Run Remains Intact
Marc Chandler - at Seeking Alpha - Sat Nov 15, 10:59AM CST
It is beyond dispute. The US dollar is in a powerful bull run. There are two main drivers, and their ability to dominate the price action varies according to the news stream. The first is constructive economic news from the US that reinforces ideas...
SPY: 209.78 (+0.86), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), UDN: 22.76 (+0.03), FXF: 104.56 (-0.56), UUP: 24.91 (-0.01), FXS: 118.19 (+0.68)
Yen Slumps And Dollar Turns Better
Marc Chandler - Seeking Alpha - Tue Nov 11, 5:24AM CST
While the US dollar has come back today, the real story is the drop in the Japanese yen. The yen is off almost 1% against the US dollar and nearly as much against the euro. The greenback poked through the JPY116 level, after having dipped barely...
DXJ: 51.69 (+0.57), FXY: 81.87 (+0.09), FXE: 112.16 (-0.15), FXS: 118.19 (+0.68), EWJ: 11.93 (+0.14)
Dollar Dithers As QE Withers
Marc Chandler - Seeking Alpha - Tue Oct 28, 5:32AM CDT
The US dollar is narrowly mixed in quiet turnover. The historic FOMC meeting that announces the end of QE is finally at hand. This marks a new phase, post-QE, for monetary policy, and the US economy more broadly. Although there had been some...
FXY: 81.87 (+0.09), FXE: 112.16 (-0.15), UUP: 24.91 (-0.01), FXS: 118.19 (+0.68)
Guggenheim CurrencyShares(r) Exchange Traded Products Declare Monthly Distributions
GlobeNewswire - Tue Jul 01, 9:01AM CDT
Guggenheim Investments, the investment management division of Guggenheim Partners, today announced the distribution declarations for the following CurrencyShares exchange traded products: CurrencyShares Australian Dollar Trust (NYSE: FXA), CurrencyShares Canadian Dollar Trust (NYSE: FXC) and CurrencyShares Swedish Krona Trust (NYSE: FXS).
FXA: 77.69 (+0.23), FXC: 79.78 (+0.19), FXS: 118.19 (+0.68)