ETF Database » FXA

Wednesday’s ETF Chart To Watch: FXA Sinks To Support Ahead Of Aussie Employment Data

Stoyan Bojinov — Wed, 08 May 2013 08:00:21 +0000

Bullish euphoria following April’s better-than-expected employment report is still driving markets higher with the S&P 500 Index continuing its ascent into previously uncharted territory beyond the 1,600 level. With no major economic data releases taking place yesterday its clear that investor confidence is thriving from stimulus hopes following last week’s European Central Bank rate cut along with the Fed’s continuation of its monthly bond-repurchases initiative [Download 101 ETF Lessons Every Financial Advisor Should Learn]. Given that the Reserve Bank of Australia cut rates from 3.00% to 2.75% yesterday, our ETF to watch is the CurrencyShares Australian Dollar Trust as it will look to hold above a major support level ahead of Australia’s monthly employment report slated to come out this evening. Analysts are expecting for Australia’s unemployment rate to hold at 5.6%, while jobs are expected to increase by 11,000 versus last month’s decrease of 36,100 [see also How To Invest Overseas Without Currency Risk]. [...]

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How Volatile Is Your Currency ETF?

Carolyn Pairitz — Wed, 03 Apr 2013 11:00:26 +0000

As the world becomes more connected every day, investors continue to find new ways to trade around the world and gain exposure to countries they may never even get to visit. Exchange-traded funds offering exposure to Global Currencies have become a popular tool for those looking to make a direct play on a country, using the country’s currency value as a barometer for economic success. These funds offer investors the ability to easily tap into the heart of a country’s market; however, bypassing equities and commodities can often lead to volatile returns. Investors who wish to access the currency sector, for example, have a number of options available at their fingertips [Download Free Report: How To Buy The Right ETF Every Time]. Betting On Economies Currency ETFs can be used to hedge inflation, portfolio risk and foreign political risk; using these funds in conjunction with a strong basket of equities and commodities can [...]

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ETF Insider: Up, Up, And Away

Stoyan Bojinov — Sat, 16 Mar 2013 13:00:08 +0000

The Dow Jones Industrial Average continued its unprecedented rally as buyers kept the winning streak going for 10 straight days amid a flurry of encouraging economic data. Investors had few reasons to take profits last week as retail sales, weekly jobless claims and industrial production data all came in better than expected, adding fundamental fuel to the ongoing rally on Wall Street [see Free 7 Simple & Cheap All- ETF Model Portfolios]. Actionable ETF Trade Ideas Our picks from Monday’s Insider posted mixed performance results as buying pressures remained strongest in the equity market. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro to get actionable ETF ideas every Monday, as well as access to more than 50 all-ETF model portfolios]. Last Week’s Actionable ETF Ideas Ticker Position Week Performance FXA Long +1.8% DBA Long -0.2% SLX Long -2.6% Trade #1 Long FXA: Up 1.8% This [...]

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The Ultimate Guide To Currency ETF Trading

Cory Mitchell — Wed, 13 Mar 2013 13:00:19 +0000

ETFs have opened up the doors to previously hard-to-reach reach corners of the market, including foreign equities, commodities and alternative asset classes. Currency ETFs in particular have seen growing interest among investors and traders alike as they greatly simplify the challenges that are otherwise associated with entering the forex market [see How To Take Profits And Cut Losses When Trading ETFs]. How Currency ETFs Work Currency ETFs attempt to replicate the movements of a currency on the foreign exchange market (forex) against the U.S. dollar (USD), or a basket of currencies. This is done by using cash deposits, such as holding euros or Swiss cash for example, or through the use of futures and swaps contracts to achieve a desired exposure [Download 101 ETF Lessons Every Financial Advisor Should Learn]. If you believe the euro, other active global currency or a basket of currencies will rise or fall relative to the USD, [...]

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ETF Insider: Bears Lurking In Uncharted Territory

Stoyan Bojinov — Mon, 11 Mar 2013 18:12:19 +0000

With the Dow Jones Industrial Average climbing to all-time highs last week it’s no surprise to see the divide between the bulls and the bears reach extremes as well. While some investors are calling this the start of the next great bull-run, others are equally convinced that equities are long-overdue for a major correction. As such, the bulls continue to cite the string of upbeat economic data that has been hitting the street while the bears are eyeing the stellar run-up thus far on the year as an opportunity to profit from an imminent pullback [see also How To Hedge With ETFs]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: SPDR S&P Retail ETF : U.S. retailers may be in for a volatile trading session this Wednesday as investors digest the latest sales data. Analysts are expecting [...]

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Country vs. Basket: Which Currency ETF Strategy Is Right For You?

Carolyn Pairitz — Mon, 25 Feb 2013 12:00:48 +0000

ETFs continue to open up the doors to international markets that were previously too difficult, or costly, to access for mainstream investors. Those looking for the most direct exposure to a foreign economy often choose to invest in the local currency rather than equity or bond funds, especially when looking for a risky but potentially high return in a slow global market. Not surprisingly, currency markets thus far in 2013 have been highly active as countries around the globe continue to pull together stimulus measures to prop up their lackluster economies. There are a number of ways to play this often misunderstood asset class, but keeping one eye on this corner of the market and reading the signs correctly can give great insight to anyone looking to invest internationally [see 101 ETF Lessons Every Financial Advisor Should Learn]. Ways to Invest Overseas With any asset class, there are many different ways to [...]

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CurrencyShares Singapore Dollar Trust (FXSG) Rolls Out

Stoyan Bojinov — Thu, 14 Feb 2013 09:00:02 +0000

The bull train continues full steam ahead as major equity indexes have enticed buyers after every minor pullback over the last month. The optimistic price action on Wall Street is undeniable, and it truly showcases the sheer eagerness among investor looking for their share of the action. Even in the face of lackluster economic data, stocks have remained resilient, which has started to raise some concerns. January retail sales data came in at 0.1%, failing to beat last month’s reading of 0.5%, and surprisingly this wasn’t enough to inspire serious profit-taking pressures during yesterday’s trading session [see also 7 Rules ETF Day Traders Must Know]. Amid the tug-of-war on Wall Street, Guggenheim beefed up their lineup of currency ETFs with the launch of the CurrencyShares Singapore Dollar Trust (FXSG) on Wednesday, February 13. This first-to-market product offers exposure to the Singapore Dollar as tracked by the SGD/USD exchange rate, which measures the relative value [...]

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ETF Insider: Keep An Eye On Bargain Buyers

Stoyan Bojinov — Mon, 04 Feb 2013 18:34:20 +0000

The bull train continued its ascent on Wall Street last week as profit taking pressures were short-lived amid the improving economic outlook. Worrisome GDP results did manage to spook some, however, market sentiment overall remains undeniably bullish as each minor pullback has welcomed eager buyers [see 3 Economic Charts Bears Love To Ignore]. This week will remain busy as earnings season continues on the home front although the lack of major economic data releases could rattle the ongoing streak of confidence. Trading activity will be bustling overseas as several key central bank rate decisions are slated to take place later in the week. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: CurrencyShares Australian Dollar Trust : The Aussie dollar ETF may gap tomorrow morning as investors react to the overnight Reserve Bank of Australia rate decision. Analysts are expecting for the interest [...]

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3 ETFs To Watch This Week: FXA, FXE, FXB

Daniela Pylypczak — Mon, 04 Feb 2013 09:00:55 +0000

Wall Street had a volatile session last week as investors digested a mixed back of earnings and economic data. In the Federal Reserve’s monetary policy announcement, the central bank indicated that it will continue purchasing $85 billion each month of long-term Treasury and mortgage-backed securities, stating that economic activity has “paused in recent months.” Confirming their sentiment, U.S. GDP came in unexpectedly at an anemic 0.1% decline. Jobless claims data also came in below expectations, though the Labor Department reported that employers added 157,000 jobs last month. This week, investors will once again see a slew of economic and earnings reports. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see also 7 Simple & Cheap ETF Model Portfolio]: 1. CurrencyShares Australian Dollar Trust Why FXA Will Be In Focus: This fund is by far the largest and most popular option for investors looking to gain exposure to the price of [...]

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ETF Insider: Bulls Break Down The Gates

Stoyan Bojinov — Sat, 05 Jan 2013 14:00:51 +0000

Saying that 2013 is off to a good start would be a huge understatement. As policymakers passed a bill steering clear of the much-feared cliff, equity markets reacted with great euphoria; buying pressures at home ignited a stock market rally around the globe, serving as a great jolt to investors’ confidence at the start of the new year [see Free 7 Simple & Cheap All- ETF Model Portfolios]. Actionable ETF Trade Ideas Our picks from Monday’s Insider posted very green performance results for the most part as the fiscal cliff aversion invited the bulls onto Wall Street. Below, we highlight how our trade ideas fared during the week [sign up for a free trial of ETFdb Pro to get actionable ETF ideas every Monday, as well as access to more than 50 all-ETF model portfolios]. Last Week’s Actionable ETF Ideas Ticker Position Week Performance RSP Long +5.2% GLD Long -0.6% FXA Long +0.9% Trade [...]

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ETF Database » FXA

Wednesday’s ETF Chart To Watch: FXA Sinks To Support Ahead Of Aussie Employment Data

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