Friday, January 26, 2007

Currency ETF's

Currency ETF's

While the decline of the US dollar continues, the raise for a potential for currency moves. So we thought this was a good time to write about the currency affecting your stock portfolios. Here are some ideas and thoughts for the average investor, not to go run and open up an forex exchange account, while still having a little investment in currency.

With this scenerio that we have we decided to look up some basic ETF's that could be a good something to look for in long term investing. These ETFs are the CurrencyShares Euro Trust (FXE), CurrencyShares British Pound Sterling Trust (FXB), CurrencyShares Canadian Dollar Trust (FXC), CurrencyShares Australian Dollar Trust (FXA), CurrencyShares Swiss Franc Trust (FXF), CurrencyShares Swedish Krona Trust (FXS) and the CurrencyShares Mexican Peso Trust (FXM).

These are all exchange trade funds worth looking into while the decline of the US dollar continues.

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