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Six Ways to Trade Foreign Currencies
Posted on May 30, 2008
Trading opportunities in the foreign exchange market have expanded rapidly this year. In February Merrill Lynch and partners introduced five new currency ETNs, followed in March when Van Eck/Morgan Stanley brought four of their own. Then, in May, Wisdom Tree got into the picture with five new ETFs. These developments, along with some new wrinkles on packaged strategies , inspired me to update my earlier note in February on trading currencies (here). Here s a brief rundown on what s new in this corner of the exchanged traded world. By way of review, the eight currencies offere...
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