5 Months, 5 Currency ETFs… Double Digit Percentage Gains!
June 5th, 2009
At last count, you could invest in 15 different currencies through 24 unique ETFs. The yen and the euro have more than their fair share of possibilities on investments like the Euro Currency Trust (FXE), the Ultra Euro ProShares (ULE) and the UltraShort Euro ProShares (EUO).
Yet in the first 5 months of the year, the 5 currency ETFs with the highest returns seem to share several things in common. First, each represents a country that boasts higher interest rates than the yen or the U.S. dollar.
The Euro’s Demise Has Been Set in Motion: Are you protected?
"Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors."
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