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Richard Rittorno: The market is opening slightly down into the new week in a hangover stemming from what is now been dubbed “Europe’s Grand Plan.”
The “Grand Plan” to address Read more…
After endless arm-twisting, scores of gloomy forecasts, and a host of ominous threats, the Greeks have finally acted just as their many new masters instructed. Throughout this entire year-long ordeal, made worse by the perpetual mayhem of protesters, the Euro has been the front line for wagering and sentiment prediction, having first plummeted and then Read more…
David Fry From ETF Digest goes into detail on 3 currency ETFs discussing the PowerShares DB US Dollar Index Bearish ETF (NYSE:UDN), CurrencyShares Euro ETF (NYSE:FXE), and the ProShares Read more…
The Euro closed up Friday`s session at 136.13, and looks poised to make a run up to test the 140 level in February. I, among many, was thinking the Euro would next test the 125 level, and things Read more…
Of the large number of leveraged and inverse ETFs out there, below we highlight the ones that are up and down the most so far in 2010. On the upside, the double long real estate ETF — URE — is up Read more…
LTL, NYSE:AGQ, NYSE:DGP, NYSE:DRR, NYSE:ERX, NYSE:EUO, SRS, TBT, TZA, UCC, UCO, UGE, UGL, UKW, ULE, USD, UVU
Currency trading has surged among individual investors the last few years. We’ve come a long way since the US abandoned the gold standard in favor of a free-floating dollar back in 1971 Read more…
“The Euro is far from dead and you can bet on its comeback with the CurrencyShares Euro Trust (NYSE:FXE). The fund has dropped from November’s price of $150+ per share to today’s $123.61 Read more…
UBS sees a short term rally for the Euro, although their long term look is not very rosy. Businessweek is quoting Mansoor Mohi-uddin, Singapore-based global head of currency strategy at UBS as saying, “Policy in the region is becoming very unfavorable. Investors should use gains in the euro to make fresh bets it Read more…
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