{"id":12458,"date":"2010-07-15T08:00:00","date_gmt":"2010-07-15T07:00:00","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.co.uk\/index.php\/2010\/07\/15\/currency-etc-weekly-sp-2082677977\/"},"modified":"2010-07-15T08:00:00","modified_gmt":"2010-07-15T07:00:00","slug":"currency-etc-weekly-sp-2082677977","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/currency-etc-weekly-sp-2082677977\/","title":{"rendered":"Currency ETC Weekly"},"content":{"rendered":"<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">Euro ETC Hits 8-Week High on Stress Test Optimism; AUD Rallies on Risk Rebound<span class=\"heading\">&#8230;<\/span><\/p>\n<p>  <!--more-->  Sign up for our weekly Newsletter and receive the latest ETF and ETC      news. <a href=\"index.php?option=com_acymailing&#038;view=user&#038;Itemid=1016\"><strong>Click      here to register for your free copy          <\/p>\n<hr \/>\n<p> <\/strong><\/a> <\/p>\n<p style=\"text-align: justify;\">&#8211; Euro hits 8-week high on stress test optimism. Ebullient investors sent ETFS Short JPY Long EUR (SJPL) 3.5% higher, as speculation swirled that stress tests for Eurozone banks would show the financial system had been given a clean bill of health by regulators. ETFS Long EUR Short USD (LEUR) rallied 1.8%, as the Euro hit an 8-week high on market optimism and was reinforced by solid equity market gains. Market positioning remains significantly negative for Euro. (please refer to IMM charts page 4)<\/p>\n<p>&#8211; Aussie spikes 4.5% higher as investors embrace risk assets. ETFS Long AUD Short USD (LAUD) rose 4.5%, topping returns on the ETFS currency platform. LAUD has risen over 7% over the past month, mostly retracing the losses sustained earlier in 2010. High yield currencies outperformed last week, with the Aussie and Kiwi dollars outperforming other currency pairs generally, as investors looked to higher beta FX pairs to exploit the refreshed market optimism. LAUD has an implied interest rate return of around 4.5% per annum, while ETFS Long NZD Short USD has a implied yield of around 2.7% per annum and gained 3.2% last week.<\/p>\n<p>&#8211; Investors remain bearish on Japanese Yen and Euro. As the political turbulence continues in Japan, ETFS Short JPY Long USD (SJPY) remains the most favoured position on the currency platform, accounting for 30% of AUM. Investors also remain bearish on the outlook for the Eurozone, with ETFS Short EUR Long USD (SEUR) and ETFS Short EUR Long GBP (URGB) accounting for 16% and 13% of AUM, respectively.<\/p>\n<p>&#8211; Short-term profit-taking sees ETFS Short CHF Long EUR (SCHE) dominate turnover. Market optimism drove investors to reduce safe-haven positioning last week, with SCHE receiving the largest flows on the ETFS currency ETC platform.<\/p>\n<\/p>\n<p>Source: ETFWorld &#8211; ETFSecurities<\/p>\n<p> <span style=\"color: #000000;\"><span style=\"font-family: Courier New,monospace;\"><span lang=\"fr-FR\"> <\/span><\/span><\/span> <\/p>\n<p style=\"position: absolute; left: -10000px; top: 0px; width: 1px; height: 1px; overflow: hidden;\" id=\"_mcePaste\"><span><strong><em><em><span><strong><em><span><strong><em><em><strong><span style=\"font-family: Arial; font-size: 16px; color: #000000;\" lang=\"EN-GB\"><strong><em><em><span style=\"font-size: 10pt; font-family: Arial; color: #000000;\" lang=\"EN-GB\"><strong><em><span style=\"font-size: 10pt; font-family: Arial; color: #000000;\" lang=\"EN-GB\"><strong><em><em><strong><span style=\"font-family: Arial; font-size: 16px; color: #333333;\"><span><span style=\"font-family: Arial; font-size: 16px; color: #000000;\" lang=\"EN-GB\"><strong><em><em><span style=\"font-size: 10pt; font-family: Arial; color: #000000;\" lang=\"EN-GB\"><strong><em><span style=\"font-size: 10pt; font-family: Arial; color: #000000;\" lang=\"EN-GB\"><strong><em><em><strong><span style=\"font-family: Arial;\"><span style=\"font-family: Verdana; font-size: 16px; color: #666600;\"><strong><em><span style=\"font-family: Verdana; color: #666600;\"><strong><em><span style=\"font-family: Verdana; color: #666600;\"><span style=\"font-size: 12pt; font-weight: bold; font-family: Arial; color: #000000;\" lang=\"EN-GB\"><strong><span style=\"font-size: 16px; color: #000000;\"><strong><span style=\"font-size: 16px; color: #000000;\" lang=\"EN-GB\"><em><strong><em><span style=\"font-family: Arial; font-size: 16px;\"><strong><span style=\"font-family: Verdana; font-size: 13px; color: #3366ff;\"><em><span style=\"font-size: 13px; color: #3366ff;\"><strong><span style=\"font-family: Verdana; font-size: 13px; color: #3366ff;\"><strong><em><strong><em><span style=\"font-family: Verdana; font-size: 16px; color: #3366ff;\"><strong><span style=\"font-family: Arial; font-size: 16px;\"><strong><em><span style=\"font-family: Verdana; color: #6600cc;\">Currency                                                           ETC Trading                                                           Volumes Surge                                                           360% to                                                           Record; Swiss                                                           Franc ETC Hits                                                           10-Week High                                                           as Global                                                           Activity                                                           Falters<\/span><\/em><\/strong><\/span><\/strong><\/span><\/em><\/strong><\/em><\/strong><\/span><\/strong><\/span><\/em><\/span><\/strong><\/span><\/em><\/strong><\/em><\/span><\/strong><\/span><\/strong><\/span><\/span><\/em><\/strong><\/span><\/em><\/strong><\/span><\/span><\/strong><\/em><\/em><\/strong><\/span><\/em><\/strong><\/span><\/em><\/em><\/strong><\/span><\/span><\/span><\/strong><\/em><\/em><\/strong><\/span><\/em><\/strong><\/span><\/em><\/em><\/strong><\/span><\/strong><\/em><\/em><\/strong><\/span><\/em><\/strong><\/span><\/em><\/em><\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Euro ETC Hits 8-Week High on Stress Test Optimism; AUD Rallies on Risk Rebound&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[39],"tags":[],"class_list":["post-12458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etc-etc"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/12458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/comments?post=12458"}],"version-history":[{"count":0,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/12458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/16262"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=12458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=12458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=12458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}