Currencies react to rate raises and bailouts

11/23/2010 0 comments

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

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Description

Symbol

22-Nov Trend Score

Direction

15-Nov Trend Score

Australia Dollar

FXA

8%

^

6%

Brazilian Real

BZF

5%

^

3%

G10 Carry Trade

DBV

4%

^

1%

Swedish Krona

FXS

4%

^

3%

Swiss Franc

FXF

4%

v

4%

Mexican Peso

FXM

4%

^

3%

Japanese Yen

FXY

3%

v

4%

Canadian Dollar

FXC

2%

^

2%

British Pound

FXB

2%

v

2%

US Dollar Bearish

UDN

2%

^

2%

Euro

FXE

1%

^

1%

Chinese Yuan

CYB

1%

^

1%



Top Three Currencies



COMMENTARY.

Bottom Three Currencies



COMMENTARY


CONCLUSION

 

labels:investment,

Symbols:FXA,FXM,BZF,FXY,FXC,FXF,FXS,DBV,CYB,UDN,FXB,FXE,

 



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