Over the last few months, investors have becoming increasingly skeptical about the long term health of the world’s two major currencies, the dollar and the euro. Debt worries are plaguing each and forcing many to reconsider the wisdom of holding onto assets denominated in these two sinking ships. As a result, many have sought refuge in alternative currencies, the most popular of which being the Swiss franc. Yet, with last week’s historic decision to peg the franc to the quickly-crashing euro, investors have been forced to head for the exits in this key currency or be sucked into the quicksand of the euro zone as well. For investors concerned about this sudden destruction of one of the world’s last safe havens, there are a variety of currency products that could step up and become new choices for those looking to weather the storm. By our count, there are 30 currency ETPs available [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Caution, Bumpy Trading Ahead ETF Insider: Bears Still In Charge ETF Insider: Stocks Look For Support ETF Insider: Beware Of A Dead Cat Bounce ETF Insider: Be Wary Of Bargain Shopping
Over the last few months, investors have becoming increasingly skeptical about the long term health of the world’s two major currencies, the dollar and the euro. Debt worries are plaguing each and forcing many to reconsider the wisdom of holding onto assets denominated in these two sinking ships. As a result, many have sought refuge in alternative currencies, the most popular of which being the Swiss franc. Yet, with last week’s historic decision to peg the franc to the quickly-crashing euro, investors have been forced to head for the exits in this key currency or be sucked into the quicksand of the euro zone as well. For investors concerned about this sudden destruction of one of the world’s last safe havens, there are a variety of currency products that could step up and become new choices for those looking to weather the storm. By our count, there are 30 currency ETPs available [...]
Click here to read the original article on ETFdb.com.
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