The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( The FRED Report) -- Here at The FRED Report we recently completed a review of the currency ETFs and we noticed some interesting technical patterns we will discuss here (for general markets update video -- click here). These patterns are particularly interesting in the European currencies, because they are actually contrary to what the news would lead investors to expect. But remember - the markets are a "discounting mechanism" -- and it may very well be that European problems may already be factored into the current environment! We show charts below.
Currency ETF Review: Euro
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