Elliott

The New Currency ETFs Add Little For Investors

Let's try that again. I think the price quoted in the article ($76.61) is for the Australian dollar ETF, not the Euro. The Euro ETF, symbol FXE, goes for $128.44. It's up 6.8% for the year, which is not too bad. I think currency ETFs could have a place in 401k's and IRA's, if there are account restrictions against futures and holding currency outright.

The New Currency ETFs Add Little For Investors

>>The current price of the ETV for the euro is $76.61. If you bought 1 lot, or 100 shares, your amount used in the purchase is $7,661.00.