Australia Currency ETF in Trouble as Traders Bail on Aussie Dollar

Markets ETF Trends

The U.S. dollar has been getting most of the attention this year as a disappointing developed market currency, but there are concerns another dollar could be see more near-term weakness. The CurrencyShares Australian Dollar Trust (NYSEArca: FXA), which tracks the Aussie against the U.S. dollar is higher year-to-date, but has shed nearly 2% over the…Click to read more at ETFtrends.com.

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