Tapering, Pre-Election Fears Could Pressure Aussie Dollar ETFs
August 21, 2013 at 14:46 PM EDT
The CurrencyShares Australian Dollar Trust (NYSE: FXA ), the ETF proxy for the Australian dollar, has shown itself to be sensitive to chatter about Federal Reserve Tapering of quantitative easing. Since May 20, about the time tapering talk really started, FXA is off nearly seven percent. That does not include the
