Recounting the Dollar’s Woes
Source: http://feeds.benzinga.com/~r/benzinga/etfs/~3/VacJ3L9f_W8/recounting-the-dollars-woesPosted on Tuesday, May 10th, 2011 | In Exchange Traded Funds
Contributed by: Gary Cassady (http://www.benzinga.com) -
For several months now, traders have increasingly abandoned the U.S. dollar. While these trades have been profitable thus far, it could be time for a move in the opposite direction.
In the past year, nearly everything has gone up against the U.S. dollar.
About Gary Cassady (http://www.benzinga.com)
Benzinga is an innovative news and analysis service that focuses on global markets. Benzinga prides itself on providing original, accurate and timely global financial content every day. The service features content from industry experts and experienced analysts while also covering the news of the day. We have three offices in total. One in Delaware, Michigan, and in Chicago, IL. |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.