FXP - why the discrepancy?

Discussion in 'Trading' started by DisciplinedHedg, Oct 30, 2008.

  1. Does anyone follow FXP?

    It has been extremely volatile this month, but to the point where its movements makes no sense, at least to me.

    It has gone from 90 to 170 to 80 to 180 to 90. Just since September. With that kind of movement, I'm surprised it isn't very traded here.

    Has this never been a good ETF for shorting China? Is whoever is running that ETF being whipped around or something?