CNY Forum Topics
- All Comments on CNY
- General Discussion on CNY
- On China and What the World Won’t See During the Olympics [view article]
- China's Impending Financial Crisis [view article]
- Good Time to Buy Chinese Currency: Follow the 'Hot Money' [view article]
- Finding Your Comfort Zone with Currency Investing [view article]
- Six Ways to Trade Foreign Currencies [view article]
- Multinational Corporations Step Up the Search for the Next China [view article]
- Wednesday Currency Roundup [view article]
- Jim Rogers' Picks and Pans - Barron's Interview [view article]
- New Currency ETFs - Give Them Some Time [view article]
- How Bad Is the Dollar's Fall? [view article]
- Currency ETFs and ETNs [view article]
- Pause For Concern On Chinese Currency ETN [view article]
loading ...Recent CNY Articles
- Getting Through the Mess in the Markets
- On China and What the World Won’t See During the Olympics
- China's Impending Financial Crisis
- Good Time to Buy Chinese Currency: Follow the 'Hot Money'
- Finding Your Comfort Zone with Currency Investing
- Multinational Corporations Step Up the Search for the Next China
- Wednesday Currency Roundup
- Six Ways to Trade Foreign Currencies
- As Traders Prepare for the Long Weekend, Dollar Goes Soft
- New Currency ETFs - Give Them Some Time
- Full List of Articles »
Multinational Corporations Step Up the Search for the Next China [view article]
Very interesting article. Any ideas for investing in Cambodia? ReplyMultinational Corporations Step Up the Search for the Next China [view article]
in other words, now we are done exploiting those chinese, lets find others, and then others.. till this business model starts to melt down, and we all have to think about something else, becase simply, there is no plan b (oil deja vu?)Reply
Multinational Corporations Step Up the Search for the Next China [view article]
Yah, focus on Cambodia, Vietnam is done emerging for the next 50 years or so. Cambodia still needs sewage, clean water and toilet paper. ReplyMultinational Corporations Step Up the Search for the Next China [view article]
Too bad there were no ETF focused on Vietnam in the last few years, China is now the one outsourcing in foreign emerging countries and places such as Vietnam present a great growth opportunity. Hopefully, strong inflation on food prices, especially rice, which people there eat for breakfast lunch and dinner won't be too significant. ReplyWednesday Currency Roundup [view article]
I well understand that all USD stories compare it with € and GBP. However, I wonder why the most powerful currency in world the R$ of Brasil is never never mentioned.Please advise.
Thank you for great columns. Reply
Wednesday Currency Roundup [view article]
Hey Grace,I was wondering if you could point me in the direction of a chart of the Colombian Peso that goes back at least 10 years (unlike yahoo). This currency has been on a serious tear for a couple of years now and I believe in is finally running out of steam due to the bias of the US Fed towards raising rates. Any help would be super appreciated!!!
Thanks,
Chris Reply
Jim Rogers' Picks and Pans - Barron's Interview [view article]
bearfund, there's a big difference between a currency etf and the currency itself. i doubt rogers would advocate the etf when you can just hold the currency instead. i do it at citi in shanghai, time deposit. you get interest, not fees. ReplySix Ways to Trade Foreign Currencies [view article]
Thank you Ray for the very informative analysis and your comment about tax implications.I learned this the hard way - I held DBV and DBA in a taxable account for a short period in 2007 and sold for no gain. At the end of the year I got a K-1 form which was difficult for me to report correctly and the worst of it was I was allocated and taxed for earnings that I did not make. Very frustrating. I will not touch these future-based funds again and from your comment I gather that this is a problem with all ETNs. Buyer beware.
As per your comment the Rydex/Wisdom Tree ETFs seem better, the interest will be taxed as regular income but at list I will only be taxed for money I actually receive and will not need to deal with a K-1 form.
SA2. Reply
Six Ways to Trade Foreign Currencies [view article]
My mistake. The symbol is BZF. ReplySix Ways to Trade Foreign Currencies [view article]
BXF doesn't exist on Schwab, finance.yahoo.com, or fool.com. ReplySix Ways to Trade Foreign Currencies [view article]
BXF is the trading symbol. It has been actively trading since May 14, 08. Replyhis mac
Six Ways to Trade Foreign Currencies [view article]
Wisdom trees new offerings look great. I've been looking for such instruments.I tried to look up the brazilian ?etf but couldn't find a trading symbol. HELP. ReplySix Ways to Trade Foreign Currencies [view article]
Sam, I haven't made any specific recommendations about individual ETFs or ETNs, except that I own two. The reason I don't make specific recommendations for an investor is that what they buy must depend on what their current exposure to currencies are, among other considerations. For example, granger, in the last comment, has exposure to several European currencies through bond holdings. So, he would not need to have those currency ETFs in his portfolio unless we was shorting them to hedge his bond bets. I simply do not believe that every investor needs to have currency exposure, depending on their attitude about and ability to handle risks.DBV is a strategy ETF, and I will cover the strategy possibilities in my next post. Note, however, its high expense ratio. Any strategy will come at a cost, so it is a personal questions as to whether the cost is worth it.
Also, I think ETFs and ETNs do properly reflect the small currency movements on a daily basis, depending on how much they trade. It may be some days before the latest price movements are reflected in NAV if the ETF is not trading. But, over the long run, price movements in the currency will be captured.
Granger, good question about proper allocations of currencies to a portfolio. This is not an area that has gained much attention from financial advisors, for currencies as an asset class have not reached critical mass yet, in my opinion. I think that with the new offerings, however, advisors will begin looking more closely at this area. Reply
Six Ways to Trade Foreign Currencies [view article]
Nice article. Discloure I own the DBV and recently added small amounts of CYB and BZF. I also hold numerous foreign bonds, specifically from Sweden and Switzerland. Thanks for the summary.I am definitely interested in this areas. I currently target about 15% of my portfolio to currencies.
What allocation have others used? overall cuureency thoughts and strategies? Reply
Six Ways to Trade Foreign Currencies [view article]
From the article, it appears the only ETF you are recommending is the DBV which does the carry on trade. currencies move very slowly with small incremental changes. So will a ETF capture these movements effectively? Reply