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Dollar worries? How to invest in other currencies

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Fri, 13 May 11 5:54 PM | 21 view(s)
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Dollar worries? How to invest in other currencies

May 12, 2011 12:21 EDT

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http://blogs.reuters.com/prism-money/2011/05/12/dollar-worries-how-to-invest-in-other-currencies/


"The safest strategy is to buy a basket of other currencies, so you aren’t hostage to the political and interest-rate particulars of a single country. Morningstar’s Rawson likes PowerShares DB US Dollar Index Bearish, which holds a basket of currencies like the Euro and the Yen. For a more targeted play, he recommends CurrencyShares Euro Trust."




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