Analyzing Currencies By Analyzing CurrencyShare's ETFs

MyPlanIQ submits:Currencies can be an important ingredient of a portfolio. Even if this is not the case, then in some circumstances they can be used as a co-relation predictive indicator for stocks and other asset type.

By Dr. Duru: While all eyes are trained on U.S. economic data this week, Australians are looking ahead to Monday, February 4th when the Reserve Bank of Australia (RBA) makes its next statement on monetary policy.

MyPlanIQ submits:MyPlanIQ tracks trends in multiple categories using ETFs. After a couple of positive weeks, currencies tumbled. Only the Mexican Peso bucks the trend and on that basis pops into the top three. The bottom of the table remains the same, although the Real should break out of there before too long.

Peter Mycroft Psaras submits: A century old debate is still raging in the markets (more so today, with the introduction of commodity ETF’s) and it has to deal with whether it is better to invest in a commodity or in the companies that produce the commodity?

By PortfoliV:Silver is one of the best assets for trading purposes. The factors that affect its price are simple. The asset moves mostly on market sentiment. I have been very successful in predicting the turns made by silver's price in my articles about silver (iShares Silver Trust ETF: SLV).

By Dr. Duru: Tuesday night, the Australian Bureau of Statistics (ABS) reported a surprise jump in GDP of 1.3% quarter-over-quarter. With growing fears of a global economic slowdown, analyst consensus had pegged growth only around 0.6%. At the same time growth surprised to the upside, Australia's terms of trade plunged 4.3% accompanying a -0.5% contribution of net exports to GDP.

MyPlanIQ submits:Currencies provide insight into how a nation is dealing with the current crisis and the strength of the underlying economies. We are tracking the ETFs that represent eleven different currencies and one basket of currencies.

By Sean Bellamy McNulty:The AUDUSD (FXA) has been on a relentless push upwards since the beginning of the month, with a high of 1.0579 on the 12th. This surge caught me by surprise, stopping my position out at 1.052 (you can see my year to date trading history here).