Currency Investment
Submitted by Zack Rosenberg (not verified) on Wed, 2008-05-07 23:32.
I've been watching FXC since you recommended it and it seems to be coming back. Looks like it was up about 2% last month. Seems like these currency funds are a great way to get exposure to the foreign markets. I was doing some research on Google and found some interesting info. You can use these to profit from the exchange rate of the dollar vs the Euro, British pound, Japanese yen or pretty much any other major currency. I read that the Canadian dollar is the 7th most traded currency in the world. I've been looking at Currency Shares where you can get exposure to most of the big currencies. Also Google has good tools too follow these funds. What else do you recommend?
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