Last week the Euro took a pounding again as the situation in Greece deteriorated. This weekend, a new $60B low interest loan was announced, and the Euro rebounded.
Currencies remain in chaos and will remain so as there is no easy fix to the current global problems. We track all currency ETFs live here.
Below are all currency ETFs orders by relative strength for short term and long term.
Short term, from most oversold to overbought:
Most oversold is JYF (Yen), followed by URR (ultra Euro). Most overbought are GBB and ICN (Indian Rupee). (Please click on links to received alerts)
Long term, from most oversold to overbought:
In the long term we also have URR as most oversold. Most overbought is CEW (Emerging markets),
Here are the ETFs and ETN names and their average trading volumes:
Monday, April 12, 2010
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