Tapering Tumble for Aussie, Loonie ETFs
January 31, 2014 at 14:56 PM EST
With the Fed putting the breaks on cheap money, foreign currencies are depreciating against the U.S. dollar, with noticeable declines in historically stronger Australian and Canadian currency exchange traded funds over one year. The CurrencyShares Australian Dollar Trust (NYSEArca: FXA) is now down...