The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Currency ETFs are Slammed by the Spiraling Dollar Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, August 17, 2010

Currency ETFs are Slammed by the Spiraling Dollar

News summary by MFWire's editors

Currency exchange-traded funds pegged to the dollar and euro staged sharp reversals with investors rushing into the relative safety of the dollar on worries the global economic recovery is stalling, according to today's Wall Street Journal's Fund Track article.

The article mentioned one of the largest currency ETFs, PowerShares DB US Dollar Bullish Fund [see profile], as having experienced several "jarring swings" this year. It also cited Alec Young, international equity strategist at Standard & Poor's Equity Research, and John Stoltzfus, senior market strategist at Ticonderoga Securities.

Fundsters interested in the whipsawin' action of currency ETFs may want to check out the rest of the article. 

Edited by: Hung Tran

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use