Australian Dollar ETF Decline is Caution Flag
March 29, 2012 at 10:49 AM EDT
Investors should be at least a little concerned by recent weakness in an exchange traded fund pegged to the Australian dollar since the currency has been a fairly reliable leading indicator for U.S. stocks. CurrencyShares Australian Dollar Trust (NYSEArca: FXA) is down over 3% the past month. The...