The Canadian dollar has reached parity with the American dollar. The euro is at an all-time high vs. dollar. What should you do? Buy the currency ETFs like DBV, FXC, FXA. Also, don't forget gold. You can also buy U.S. multinationals that do most of their business overseas. Here's a list of some other Currency ETFs and ETNs:
PowerShares DB G10 Currency Harvest Fund (DBV)
PowerShares DB US Dollar Bullish Fund (UUP)
PowerShares DB US Dollar Bearish Fund (UDN)
CurrencyShares British Pound Sterling Trust (FXB)
iPath GBP/USD Exchange Rate ETN (GBB)
CurrencyShares Euro Trust (FXE)
iPath EUR/USD Exchange Rate ETN (ERO)
CurrencyShares Japanese Yen Trust (FXY)
iPath JPY/USD Exchange Rate ETN (JYN)
CurrencyShares Mexican Peso Trust (FXM)
CurrencyShares Swedish Krona Trust (FXS)
CurrencyShares Swiss Franc Trust (FXF)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment