Currency ETFs: Why It Pays to Watch the Aussie Dollar
May 09, 2012 at 11:24 AM EDT
Cracks in an ETF following the Australian dollar earlier this year was a warning sign to investors that U.S. stocks could be in for a choppy ride. “Investors should be at least a little concerned by recent weakness in an ETF pegged to the Australian dollar since the currency has been a fairly...