“The Dow, S&P 500 and the Nasdaq are still stuck in their ranges which started in the middle of last month. For a little more excitement look to the US dollar
“The dollar has slid rapidly in recent months, but don’t tell that to investors in the PowerShares DB US Dollar Bullish ETF (UUP). While a weakening U.S. dollar
(BUSINESS WIRE)–DB Commodity Services LLC today announced that the registration statement it filed on November 2, 2009 to register 100,000,000 additional shares of the PowerShares DB
“…Over the long run, it should prove to be beneficial for the European Union that its budget deficits are being addressed in a realistic manner
“The PowerShares DB US Dollar Index Bullish Fund ran out of shares and trading of the security was halted for about 45 minutes amid increased bets that the currency
“Options action surged in the (UUP) exchange-traded fund today as investors positioned for more strength in the U.S. dollar. Our Heat Seeker tracking system detected a surge of buying
“With the market treading water for the past week or two, and some negative economic news being released many are wondering if this is a start of at least a short term market downturn. The following 5 ETFs should help insulate
“The assault on the U.S. dollar has investors looking to hedge exposure to further weakening in the world’s reserve currency, and some are turning to exchange-traded funds for support
“Let’s take a quick look at the (UUP) Bullish Dollar ETF which could be on the verge of a low-risk, major turning point to the upside. Let’s pay close attention to a recent volume surge and a likely Elliott Wave fractal count which seems to be complete
“Since the U.S. dollar is seen as a safe haven, good news is actually bad news for the greenback. And there is good news coming out of China. China’s manufacturing expanded in July, with the CLSA China Purchasing Managers’ Index rising
There is no need to open an account with a Forex dealer to trade currencies anymore. Trader’s will find that ETF’s offer a great way to trade currencies in most countries across the world like the ruble, rand, euro, bhat, zloty, yen, won and the USD along with many others.
Everyone is talking about how much money the US government is printing to hold up our economy. Russia and China have spoken about removing the dollar as the world currency. But, what currency would be better?
Don Dion from TheStreet.com reports that, “One investment made easier by the ETF boom is currency. CurrencyShares was first to market with the CurrencyShares Euro Trust (FXE), and it has added a number of additional products. Recently, the CurrencyShares Russian Ruble ETF (XRU) was introduced.”
As the U.S. dollar depreciates because of increased government spending, investors may turn to exchange traded funds (ETFs) to defend their wealth. Here’s how. The U.S. dollar is under attack and there are several factors that are eating away at the dollar’s strength, remarks Ron DeLegge for ETF Guide. The Chinese yuan is being pushed […]
Finance officials from Beijing in Moscow on Thursday held a videoconference to discuss the creation of a “supra-national reserve currency,” the latest evidence of the support China is getting from developing countries as it seeks to replace the U.S. dollar as the world’s main reserve currency. This controversial proposal – and the support that it’s […]