CDs for foreign currencies ala Everbank?

Discussion in 'Forex Trading' started by Daal, Nov 29, 2006.

  1. Daal

    Daal

    They dont accept non-us residents so I'm wondering what are some other ways to invest on different currencies.
    I don't want to use futures because I will be overexposed given my account size. Is there some kind of ETFs or CDs that can help with that?
     
  2. FXE is the euro/$ trust. It is traded like stocks. Follows the Euro?$ exchange reate. Currently trading at 131.84$ on the NYSE.
     
  3. Daal

    Daal

    Nice.ty. what about CAD, AUS?
     
  4. Rydex provides other currencies ETFs, FXB (British Pound), FXA (Australian) FXC (Canadian) FXM (Mexico) FXF (Swiss Franc) and FXM (Mexican).