Investing Abroad - Key Is Total Return
Marc Chandler - at Seeking Alpha - Fri Feb 13, 6:00PM CST
The S&P 500 edged to a new intra-session high on lucky, Friday the 13th. However, it has lagged behind many of the other DM equity markets. When investing in own currency, total return is straight forward. It is the capital appreciation (or...
VT: 62.05 (+0.39), ACWI: 60.44 (+0.38), DGT: 70.87 (+0.53), ONEF: 35.99 (-0.22), FXY: 81.87 (+0.09), FXB: 151.21 (+0.01), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15)
German Greek Standoff Dulls Forex
Dean Popplewell - Seeking Alpha - Wed Feb 11, 6:39AM CST
By Dean Popplewell It’s not much of a surprise to see the various asset classes treading water this morning as investors await on a couple of crunch meetings on the future of financial aid to Greece. The Greek drama continues to unfold as...
FXA: 77.69 (+0.23), 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)
European Brinkmanship Means No Deal Today Or Tomorrow
Marc Chandler - Seeking Alpha - Wed Feb 11, 5:40AM CST
The Eurogroup meeting today and the heads of state meeting tomorrow cannot resolve the standoff with Greece. The logic of each side demands negotiating until the very last minute as the only way to ensure that the most is achieved. Of course, the...
FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), UUP: 24.91 (-0.01)
Short Note On The Price Action
Marc Chandler - Seeking Alpha - Tue Feb 10, 8:51AM CST
The yen is being sold in early North American activity. The rise in 10-year US yields back above 2.0% and the rally in stocks are the major weights. In our weekly technical note , we cited the trend line drawn off the December 8 high near JPY121.85...
FXA: 77.69 (+0.23), FXY: 81.87 (+0.09), FXB: 151.21 (+0.01), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), UUP: 24.91 (-0.01)
CAD Week 7, 2015 Preparation
FX Analyst - at Seeking Alpha - Tue Feb 10, 7:15AM CST
FXC: 79.78 (+0.19)
Greek Clarity Required For Next Euro Move
Dean Popplewell - Seeking Alpha - Tue Feb 10, 6:18AM CST
By Dean Popplewell The forex market becomes more difficult to endure when “the” obvious trade is the only trade and when the appetite for that particular currency is no more, at least temporarily. Currently, the market has its fill of...
FXA: 77.69 (+0.23), 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)
Behind The Scenes: A Look At CAD/JPY
Cerebro1 - at Seeking Alpha - Mon Feb 09, 2:51PM CST
FXY: 81.87 (+0.09), FXC: 79.78 (+0.19)
CurrencyShares Canadian Dollar Trust Has Returned 12.4% Since SmarTrend Recommendation (FXC)
Comtex SmarTrend(R) - Mon Feb 09, 11:19AM CST
SmarTrend identified a Downtrend for CurrencyShares Canadian Dollar Trust (NYSE:FXC) on August 1st, 2014 at $91.16. In approximately 6 months, CurrencyShares Canadian Dollar Trust has returned 12.40% as of today's recent price of $79.85.
FXC: 79.78 (+0.19)
Stressed Euro, Slow China And Growing U.S. Cause FX Problems
Dean Popplewell - Seeking Alpha - Mon Feb 09, 6:32AM CST
By Dean Popplewell This week is expected to be light on the US indicator front, but notable consumer sector numbers will be announced. After last Friday’s better-than-expected employment report, traders will be looking to see if the...
FXA: 77.69 (+0.23), 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)
Monday Challenges
Marc Chandler - Seeking Alpha - Mon Feb 09, 5:26AM CST
Investors are having a tough time of things today. There are three issues that have eclipsed the firming of expectations for a mid-year Fed hike. Greece's Tsipras remained committed to his campaign promises in a speech to parliament which keeps in...
FXA: 77.69 (+0.23), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), UUP: 24.91 (-0.01)
A Strong Headline Labor Force Survey Fails To Boost The Canadian Dollar
Dr. Duru - at Seeking Alpha - Mon Feb 09, 12:02AM CST
FXC: 79.78 (+0.19)
Dollar Bulls Reclaim The Whip Hand
Marc Chandler - at Seeking Alpha - Sat Feb 07, 11:44PM CST
The US dollar's consolidative phase appears to have ended with the January employment report. Employment growth accelerated, and average hourly earnings rebounded. There was a 10-11 bp increase in both short- and long-term interest rates. The...
USO: 19.62 (+0.44), 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), TLT: 128.19 (-1.33), UUP: 24.91 (-0.01)
Why The Canadian Dollar Remains Under Selling Pressure
Andrew Sachais - at Seeking Alpha - Sat Feb 07, 11:31PM CST
FXC: 79.78 (+0.19)
Canada adds a strong 35K jobs, but guts of report show weakness
Seeking Alpha - at Seeking Alpha - Fri Feb 06, 7:58AM CST
FCAN: 30.75 (+0.20), QCAN: 55.95 (+1.27), EWC: 28.08 (+0.10), CNDA: 18.05 (+0.25), FXC: 79.78 (+0.19), EWCS: 19.83 (+0.13)
Focus On U.S. Jobs, While Market Debates Details Of ECB's Move
Marc Chandler - Seeking Alpha - Fri Feb 06, 6:18AM CST
The ECB's decision yesterday to no longer accept Greek government bonds or state- guaranteed paper, but approving Emergency Lending Assistance (ELA) by the national central bank remains a key talking point today. The timing of the decision,...
FXB: 151.21 (+0.01), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), UUP: 24.91 (-0.01)
ETFs For An Ongoing Stimulus Bubble
Gary Gordon - Seeking Alpha - Thu Feb 05, 3:46PM CST
Canada, India, Turkey, Australia, China and Denmark. What do all of these countries have in common? The central bank of each nation has eased monetary policy to stimulate respective economies in 2015. What's more, none of these actions had been...
HEDJ: 61.99 (+0.12), TLH: 136.86 (-0.66), EWG: 29.19 (-0.01), VGK: 54.96 (+0.18), FXA: 77.69 (+0.23), 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), EWL: 32.82 (+0.02), UUP: 24.91 (-0.01), DBAP: 27.23 (-0.20), HEWG: 26.41 (+0.01)
EUR/USD Bad For Europe Good For Euro
Dean Popplewell - Seeking Alpha - Thu Feb 05, 7:30AM CST
By Alfonso Esparza The Greek goodwill tour by prime minister Alexis Tsipras and finance minister Yanis Varoufakis was met with a stonewall after visiting Frankfurt. Although the meeting with German finance minister Wolfgang Schauble went about as...
FXA: 77.69 (+0.23), 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)
EUR/USD Gets Greek Confidence Boost
Dean Popplewell - Seeking Alpha - Wed Feb 04, 6:40AM CST
By Alfonso Esparza The USD continues to struggle after last week’s lower than expected fourth quarter gross domestic product (GDP) figure. Softer data out of the U.S. combined with an optimistic outcome from Greek debt negotiations...
FXA: 77.69 (+0.23), 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)
Canadian Dollar Rally Continues
Dean Popplewell - Seeking Alpha - Tue Feb 03, 12:36PM CST
By Kenny Fisher The Canadian dollar continues to post gains on Tuesday. In the North American session, USD/CAD is trading slightly below the 1.25 line in the North American session. After a horrendous January, the Canadian dollar has changed...
FXC: 79.78 (+0.19)
Central Bank Rate Cut Race In Full Force
Dean Popplewell - Seeking Alpha - Tue Feb 03, 7:33AM CST
By Dean Popplewell Previously a covert, but now blatant, open and aggressive central bank monetary policy war is well underway. Over the past few weeks a plethora of central banks from Denmark to New Delhi, to down-under have been contributing to...
FXA: 77.69 (+0.23), 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)