ETF Insider: No News Could Be Good News

Better-than-expected payrolls data brought back the bulls to end yet another choppy week on a high note. With no major economic data releases due out this week on the home front, investors will surely refocus their sights on European headlines. After investors were let down last week following the ECB’s failure to introduce new initiatives to ensure stability in the region, it’s very likely that new developments in the currency bloc will be heavily scrutinized [see also ETF Technical Trading FAQ]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: CurrencyShares Australian Dollar Trust (FXA): This Aussie dollar ETF could gap at Tuesday’s open seeing as how Reserve Bank of Australia will announce its interest rate decision overnight. Analysts are expecting for the rate to remain unchanged at 3.5%, although the economic commentary issued after the [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: No Rest For The Bulls ETFs To Play Along With Soros, Paulson, and Fournier ETF Insider: Earnings, The Fed, And Spain Oh My! 17 ETFs For Day Traders 3 ETFs To Watch This Week: GLD, FXI, RTH