Notable ETF Movers of the Day 01/13: FXE, EWJ, QQQQ Higher; UNG, UUP, XHB Lower

• CurrencyShares Euro Trust (NYSE: FXE) up 1.35% to $132.54. The euro is extending gains versus the U.S. dollar as successful bond auctions in Italy and Spain kept the rally going from a successful bond auction out of Portugal earlier in the week. Additionally, U.S. jobs data produced an unexpected jump in initial claims, though continuing claims came in below the consensus.
  
  
• iShares MSCI Japan Index (NYSE: EWJ) up 0.49% to $11.22. The Nikkei recently hit an eight-month high, following successful European bond auctions coupled with a strong move in the undervalued financials. Property stocks were also up in Japan, still gaining from Bank of Japan's asset buying scheme.
  
  
• PowerShares QQQ (Nasdaq: QQQQ) up 0.24% to $56.69. The Nasdaq leading U.S. major stock indexes today, on an overall flip-floppy day. Tech stocks are still showing some gains today, and EXFO Inc (Nasdaq: EXFO) is making a strong run following solid Q211 guidance, which was released after the market closed yesterday.

• United States Natural Gas (NYSE: UNG) down 1.95% to $6.02. The EIA reported a 138 billion cubic feet drop in nat gas stores, smaller than the 142 bcf that analysts were expecting.
  
  
• PowerShares DB US Dollar Index Bullish (NYSE: UUP) down 1.16% to $22.77. Slipping today following an uptick in jobless claims for the week ended January 8, 2011, which wasn't enough to offset a dip in the trade balance.
  
  
• SPDR S&P Homebuilders (NYSE: XHB) down 0.51% to $18.04. Led by Pier 1 Imports (NYSE: PIR) today, who is taking a downgrade by BB&T Capital exceptionally hard. BB&T reduced the stock from Buy to Hold, and shares are 5.2% lower this afternoon.

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