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See Also
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US Dollar ETF
There are currently two currency ETFs that trade on US exchanges that give you explicit exposure to go long or short the US dollar against a basket of currencies. While it is true that you can get long US dollar exposure by selling short any of the single currency ETFs listed on this website and can go short by buying any of those same single currency ETFs, Powershares offers The PowerShares DB US Dollar Index Bullish ETF (NYSEArca: UUP) and The PowerShares DB US Dollar Index Bearish (NYSEArca: UDN) to go long, or short, against a basket of currencies made up of the the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. The ETFs gain their currency exposures through positions in long or short Currency Futures contracts.
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Disclaimer: This website is intended to provide general information about Currency ETFs. Nothing on this site should be considered a recommendation to buy or sell any currency or security. Investing in currency ETFs is risky so please consult your financial advisor for investment advice. While we strive to periodically update the information on this website, CurrencyETF.net makes no representation or warranties as to the accuracy, reliability, or completeness of any information on this site. Contact: info[at]currencyetf.net - Copyright 2011, CurrencyETF.net All rights reserved |