With all of the euphoria building on Wall Street since the start of 2012, many investors seemingly forgot about the lingering, unresolved Euro zone debt drama. Despite the optimistic sentiment building on the home front thanks to encouraging data releases, the global economic recovery remains largely influenced by the health of the fragile currency bloc overseas [see Euro Free Europe ETFdb Portfolio]. Traders may wish to capitalize on this largely uncertain outlook by taking note of developing technical patterns in one of the most popular currency ETFs available: the CurrencyShares Euro Currency Trust (FXE). With uncertainty comes volatility, and for traders, this an opportunity to capture potentially hefty gains in a relatively short amount of time. Nonetheless, market timing is everything, and placing the right buy order is just as important as knowing when to take profits and cut losses [see ETF Insider: More Earnings, More Volatility]. Fears over Spain’s towering [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: More Earnings, More Volatility ETF Insider: The Uptrend Remains For Now ETF Insider: Excitement Cools Off, Momentum Still Positive ETF Insider: No Rest For The Bulls ETF Insider: Did Wall Street Forget About Greece?
With all of the euphoria building on Wall Street since the start of 2012, many investors seemingly forgot about the lingering, unresolved Euro zone debt drama. Despite the optimistic sentiment building on the home front thanks to encouraging data releases, the global economic recovery remains largely influenced by the health of the fragile currency bloc overseas [see Euro Free Europe ETFdb Portfolio]. Traders may wish to capitalize on this largely uncertain outlook by taking note of developing technical patterns in one of the most popular currency ETFs available: the CurrencyShares Euro Currency Trust (FXE). With uncertainty comes volatility, and for traders, this an opportunity to capture potentially hefty gains in a relatively short amount of time. Nonetheless, market timing is everything, and placing the right buy order is just as important as knowing when to take profits and cut losses [see ETF Insider: More Earnings, More Volatility]. Fears over Spain’s towering [...]
Click here to read the original article on ETFdb.com.
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