Notable ETF Movers of the Day 02/10: (VXX) (UUP) Higher; (USO) (FXI) Lower

Gainers

• iPath S&P 500 VIX Short Term Fu (NYSE: VXX) up 5.45 percent to $27.07. The CBOE VIX is up 10 percent on the session as markets become a little more volatile following bleak economic data as well as Greece lost backing from a key party member for new austerity measures, leading to bailout funds being withheld by the troika. The trade balance for December came in wider than expected at ($48.8 billion) while consumer confidence was 72.5 for February, also below views.
  
  
• PowerShares DB USD Index Bullis (NYSE: UUP) up 0.59 percent to $22.05. The U.S. dollar is stronger Friday as investors exit the euro on Greece news. The euro is down 0.76 percent to $1.3186.

Receders

• iShares FTSE China 25 Index Fund (NYSE: FXI) down 3.12 percent to $38.85. Aside from Greece, shares in China are lower following data showing exports dropped 0.5 percent while imports fell 15 percent.
  
  
• United States Oil Fund (NYSE: USO) down 1.41 percent to $37.79. Crude lower as the IEA cut its demand outlook by 300K barrels per day to 800K, based on views of a stagnant global economy in 2012. Crude March contracts are $1.43 lower to $98.41 per barrel on the Comex.
  
  For more on the IEA report, click here.

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