Have you heard how they do FXI/FXP to make it 2:1 on a consistant basis?
Regarding FXI, it looks to me like the folks on this side of the pond are finally looking at what is happening to .ssec and .hsi and deciding China is not such a good place to be and so they are selling FXI. Some have said if you believe the market is heading down big after the Olympics, why not sell now?
Tuesday Outlook: Commodities, Emerging Markets [View article]
Have you heard how they do FXI/FXP to make it 2:1 on a consistant basis?
Regarding FXI, it looks to me like the folks on this side of the pond are finally looking at what is happening to .ssec and .hsi and deciding China is not such a good place to be and so they are selling FXI. Some have said if you believe the market is heading down big after the Olympics, why not sell now?
FXP really looks good here.