Investors, Traders Create 'Perfect Storm' for Currency ETFs [View article]
This is not investment advice but don't forget to watch the currency of your neighbors Canada (FXC) and Mexico, 300mph has a point, but to say 1.60 is possible like gold at $1000 or even $1100 certainly has to be a consideration with the weakness we are now seeing in the USD. I'm hoping any reversal should be slower and easy to see in currency than gold or gold stocks which may change direction alot faster. If you want faster, check the article on this site about the New (powershare like) commodity doubler ETFs coming out.
Investors, Traders Create 'Perfect Storm' for Currency ETFs [View article]
300mph has a point, but to say 1.60 is possible like gold at $1000 or even $1100 certainly has to be a consideration with the weakness we are now seeing in the USD. I'm hoping any reversal should be slower and easy to see in currency than gold or gold stocks which may change direction alot faster. If you want faster, check the article on this site about the New (powershare like) commodity doubler ETFs coming out.