Currency ETFs Are All Down

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.

The Full List

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. More details are available on the MyPlanIQ website.

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. Description

Hickey and Walters (Bespoke) submit: Below we highlight our trading range charts for four currency ETFs -- The Mexican Peso (FXM), Euro (

MyPlanIQ submits:Over the past two weeks, we have seen fast paced development of world events push each other to the background. The human tragedy in Japan was pushed back by the technological scare of radiation poisoning which was overshadowed by Libya, Yemen and Syria. Around the world, sovereign governments have been dealing with their debt and austerity budgets and the host of protests over cuts.

By Sammy Pollack:The possibility that Israel launches a strike on Iranian nuclear facilities has been discussed at great length in the media. At this point, an attack seems unlikely but very possible. Currently, Intrade prediction markets are pricing in a roughly 30% chance that Israel attacks Iran by the end of 2012.

By David Pinsen:One of the surprising results when calculating the hedging costs of a basket of ETFs tracking foreign currencies was the relatively high hedging cost of the CurrencyShares Aussie Dollar Trust ETF (FXA).