Seeking Alpha
What is your profession? ×
Profile| Send Message|
( followers)

We track trends in multiple categories using ETFs.

This week currencies are a mixed bag. The top currencies continue to strengthen and the bottom currencies continue to weaken.

Assets Class Symbols 12/22
Australia Dollar (NYSEARCA:FXA) 8.2% 6.79% ^
Swiss Franc (NYSEARCA:FXF) 6.92% 6.27% ^
Swedish Krona (NYSEARCA:FXS) 4.04% 4.66% v
Japanese Yen (NYSEARCA:FXY) 3.71% 2.9% ^
Mexican Peso (NYSEARCA:FXM) 2.91% 1.35% ^
Canadian Dollar (NYSEARCA:FXC) 1.17% 2.46% v
G10 Carry Trade (NYSEARCA:DBV) 0.5% 0.36% ^
US Dollar Bearish (NYSEARCA:UDN) 0.01% 0.62% v
Chinese Yuan (NYSEARCA:CYB) -0.43% 0.71% v
British Pound (NYSEARCA:FXB) -1.3% -0.89% v
Euro (NYSEARCA:FXE) -1.45% -0.55% v
Brazilian Real (NYSEARCA:BZF) -6.62% 4.4% v

The Australian Dollar continues to benefit from China's economy and continued strength in the economy.

The Swiss Franc continues to be a European currency of refuge against the Euro.

Although the Swedish Krona dropped this week, it is still a preferred currency and remains in the top three.

click on charts to enlarge

The Brazilian Real has dropped precipitously and moved from the top half to the bottom of the table. The Real has been volatile and this is a reality with the emerging market currencies.

The Euro and British pound continue to be weighed down by their sovereign debt along with low interest rates.

The strong currencies continue to do well and the weaker ones continue to languish.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.