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The Currency Strategies Fund
(MF:
FOREX
)
9.390
USD
UNCHANGED
Last Price
/ Updated:
8:00 PM EST, Feb 28, 2013
/
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Market Wrap for Friday, May 24: Stocks Close Week Near Unchanged Mark
May 24, 2013
A day after a sell-off hit much of the world, but spared the United States, the U.S. market was essentially flat on the last trading session of the week. Although there are signs that a pullback may be...
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category
Earnings
,
Benzinga
,
Movers
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Consider Fundamentals Before Bailing on Japan ETFs
May 24, 2013
Perhaps Japanese stocks and the corresponding ETFs had things too good and too easy to start 2013. The abridged version of the story goes like this: Prime Minister Shinzo Abe garnered more confidence...
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Specialty ETFs
,
Benzinga
,
Global
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Benzinga Market Primer: Friday May 24
May 24, 2013
The buy on the dip mentality seems to be alive and well in this market as the Dow erased a loss of more than 120 points to end close to flat on the day. Let’s not forget that this is a market that...
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Earnings
,
Management
,
Benzinga
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Brent Lower on Ample Supply and Waning Demand
May 24, 2013
Further indications of a slow global economic recovery coupled with ample supply set crude futures up for their largest weekly drop since mid April on Friday. Brent prices slipped toward $102 and...
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category
Benzinga
,
Global
,
BNO
, and 8 more.
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Latest Articles from Benzinga.com
Eurozone Crisis Hinges on Structural Reforms, Says Draghi and Weidmann
May 24, 2013
The euro improved modestly on Friday morning following better than expected data that showed the eurozone's service sector and factory output improved in May. However, gains were narrow as both...
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category
Benzinga
,
Global
,
News
, and 7 more.
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Market Wrap for Thursday, May 23: Wall Street Shrugs Off Global Slump
May 23, 2013
Thursday's trading session may have been the most glaring example of just how powerful the bull market in U.S. stocks is right now. Even though all of the major averages closed slightly lower on the...
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category
Earnings
,
HPQ
,
Benzinga
, and 32 more.
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Brent Slips Toward $100 on Strong Dollar and Weak Chinese PMI
May 23, 2013
Brent crude oil dropped below $102 on Thursday morning after the dollar hit new three year highs on Wednesday following the release of the Federal Reserve's meeting minutes and Chairman Ben Bernanke's...
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Benzinga
,
Global
,
BNO
, and 7 more.
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Eurozone Leaders Try to Tackle Tax Evasion
May 23, 2013
The euro slipped to $1.2838 on Thursday morning following Federal Reserve Chairman Ben Bernanke's testimony to Congress and the release of the bank's latest policy meeting minutes. Bernanke told...
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Benzinga
,
Global
,
News
, and 7 more.
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Market Wrap for Wednesday, May 22: Stocks Pullback As Bernanke Says Bond Buying Could Slow
May 22, 2013
In Congressional testimony on Wednesday, Federal Reserve Chairman Ben Bernanke said that the central bank could begin winding down its $85 billion-per-month bond-buying program at one of its "next few...
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category
Earnings
,
BAH
,
Benzinga
, and 29 more.
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All Eyes on Bernanke - USDCHF Watched Closely- Christopher Vecchio, Currency Analyst at DailyFX
May 22, 2013
"The past several hours have produced increased volatility across the board, though the clear winner today – simply because of a lack of data on the calendar and no commentary from key policymakers –...
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Benzinga
,
Global
,
Forex
, and 3 more.
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Brent Dips on US Demand Woes
May 22, 2013
Brent crude oil fell on Wednesday after an unexpected rise in US gasoline stockpiles reignited worries that the summer driving season's demand in the number one oil consuming nation may be weaker than...
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Benzinga
,
Global
,
BNO
, and 8 more.
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Benzinga Market Primer: Wednesday, May 22
May 22, 2013
The markets reached another record high Tuesday as the Dow added 50 points and the S&P, nearly three points. All eyes will be on Fed Chairman Ben Bernanke’s testimony at 10:00 am EST Wednesday. Morning...
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Earnings
,
HPQ
,
Benzinga
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Market Wrap for Tuesday, May 21: Stocks Record Modest Gains Ahead of Bernanke Testimony
May 21, 2013
U.S. stocks staged a modest rally on Tuesday ahead of Congressional testimony from Federal Reserve Chairman Ben Bernanke on Wednesday. The expectation that the central bank will continue to lend...
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Earnings
,
Benzinga
,
Movers
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Benzinga Market Primer: Tuesday, May 21
May 21, 2013
Although far from anything resembling a correction, the markets ended Monday’s trading session barely in the red on the back of a weak dollar and gold that started the day sharply lower but rebounded....
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JASO
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Earnings
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Market Wrap for Monday, May 20: Stocks Record Very Minor Losses; Greenback Falls Versus Euro
May 20, 2013
The U.S. stock market fell on Monday in a quiet trading session. The losses, however, were very minor and the sharp uptrend in equities continues to look intact. Nevertheless, traders and investors...
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JASO
,
Earnings
,
Benzinga
, and 28 more.
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British Pound to Struggle on Easing Inflation- David Song, Currency Analyst at DailyFX
May 20, 2013
"The British Pound may struggle to hold its ground ahead of the Bank of England (BoE) Minutes as the headline reading for U.K. inflation is expected to slow to an annualized rate of 2.6% in April....
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Benzinga
,
Global
,
Forex
, and 3 more.
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Latest Articles from Benzinga.com
Benzinga Market Primer: Monday, May 20
May 20, 2013
It’s Monday and the S&P 500 is, again, sitting at an all time high of 1,667.47. CNBC predicted that the bulls will keep control this week but the market will listen for any sign that Fed president Ben...
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YHOO
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Time Warner
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Euro Set For Another Week of Disappointing Data
May 20, 2013
After last week's GDP data spelled disappointment for the eurozone, the common currency seems poised for another week of pressure as more economic indicators are set to be released in the coming days....
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Benzinga
,
Global
,
News
, and 7 more.
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Latest Articles from Benzinga.com
Brent Steady Near $105 Ahead of FED Minutes
May 20, 2013
Brent crude oil traded steadily at $104.62 on Monday morning at 5:58 GMT as the commodity inched towards $105 on improving economic data and strong equity markets. However, a tepid demand outlook and...
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category
Benzinga
,
Global
,
BNO
, and 8 more.
from
Latest Articles from Benzinga.com
Market Wrap for Friday, May 17: Stocks Gain on Late Day Rally
May 17, 2013
Markets surged Friday afternoon, bringing the Dow near a record high at 15,354.40. The S&P 500 closed up almost one percent, with the Nasdaq up slightly more than that. The rise in stock prices this...
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category
Options
,
Benzinga
,
Movers
, and 17 more.
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Latest Articles from Benzinga.com
Eurozone Reports Increased Trade Surplus
May 17, 2013
The euro traded steadily at $1.28 on Friday morning after data on Thursday showed that the region's March trade surplus was at its highest level since 1999, when the eurozone was created. The Wall...
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category
Benzinga
,
Global
,
News
, and 9 more.
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These ETFs Could be Affected by Future Rate Cuts
May 17, 2013
In less than two months a dizzying array of global central banks have lowered interest rates. The European Central Bank, the Reserve Bank of Australia, the Reserve Bank of India, the Bank of Israel,...
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category
Specialty ETFs
,
Emerging Market ETFs
,
Benzinga
, and 16 more.
from
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Strong Dollar Weighs on Brent Prices
May 17, 2013
A strong dollar and demand worries kept Brent under pressure on Friday morning after news that the US Federal Reserve may end its monetary stimulus lifted the greenback. Brent is poised to end the week...
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category
Benzinga
,
Global
,
Sergei Lavrov
, and 9 more.
from
Latest Articles from Benzinga.com
Market Wrap for Thursday, May 16: A Small Pullback For U.S. Stocks as Economic Data Disappoints
May 16, 2013
Stocks pulled back late on Thursday as bullish sentiment could not overcome disappointing economic reports. Initial jobless claims, housing starts and a reading of the Philadelphia Fed's Business...
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category
Earnings
,
Benzinga
,
Movers
, and 27 more.
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Latest Articles from Benzinga.com
Market Wrap for Wednesday, May 15: Bull Market Continues as Dow and S&P Hit New Highs
May 15, 2013
A late day push helped the U.S. stock market to another strong close on Wednesday. The Dow and S&P 500 finished the session at new all-time highs and all of the major averages recorded steady gains....
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category
Earnings
,
CSC
,
Benzinga
, and 28 more.
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Market Wrap for Tuesday, May 14: Stocks Rally to New Highs
May 14, 2013
The U.S. stock market notched another rally on Tuesday as momentum pushed the major averages to new year-to-date highs. Money flowed out of bonds and into equities as risk appetite remains brisk on...
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category
WRLD
,
Earnings
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Benzinga
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Are You There Investors? It's Us, India ETFs
May 14, 2013
India is the "I" in the ubiquitous BRIC acronym. It is Asia's third-largest economy behind China and Japan and the second-largest major emerging markets economy overall. The country is the world's...
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category
Emerging Market ETFs
,
Benzinga
,
Global
, and 15 more.
from
Latest Articles from Benzinga.com
EU Confidence Could Be the Financial Crisis' Worst Casualty
May 14, 2013
The euro faced pressure on Tuesday morning after a new survey showed fractures widening between member states as the region's financial crisis deepened. The common currency reached above $1.30 and...
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category
Benzinga
,
Global
,
News
, and 7 more.
from
Latest Articles from Benzinga.com
Brent Steadies on Hopes of US Recovery
May 14, 2013
Brent crude oil neared $103 on Tuesday as hopes that the US economy was getting back on track countered the commodity's losses due to waning demand. Brent traded steadily at $102.92 at 6:12 GMT on...
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category
Benzinga
,
Global
,
BNO
, and 8 more.
from
Latest Articles from Benzinga.com
Market Wrap for Monday, May 13: Major Averages Closed Mixed as Retail Sales Data Surpasses Expectations
May 13, 2013
The major averages closed out Monday's trading session mixed despite retail sales data that showed consumer spending trended higher than expected last month. The Dow recorded a small loss on the day...
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category
Earnings
,
Benzinga
,
Global
, and 25 more.
from
Latest Articles from Benzinga.com
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