Eric Peterson

ETFs Are the Easiest Option for Currency Exposure, For Now

I agree with the author. Owning a currency, with no leverage, is much less risky than owning a volatile stock. Stocks can move 50% in days or weeks. Currencies almost never do that. For example, everybody talks about the dollar's steep decline vs. the Euro. But in the past year the dollar has declined less than Citigroup declined in one month, on a percentage bases.