Currency Shares

Description:

CurrencyShares are exchange traded funds set up as trusts to track various currencies. So if you think a currency is going to go up in relation to the dollar, you don't have to buy a foreign exchange contract or go to a bank or foreign exchange office and buy large amounts of currency. Instead, you can buy shares in one of the CurrencyShares which trade on the New York Stock Exchange, just like a stock.

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