An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Tuesday, October 21, 2008
Use these ETF's to go long the dollar and short currencies
If you want to get on board this monstrous dollar rally, but are leery of opening a Forex account or just feel that you are not sophisticated enough, then try these two ETFs that are designed to profit from a rising dollar and falling euro.
PowerShares DB US Dollar Index Bullish (UUP)
Market Vectors Double Short Euro ETN (DRR)
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