Currency Plays for Choppy Global Markets

Description:

According to Don Dion, "While many of the same concerns investors faced Tuesday will be evident in the day ahead, ETF investors should "go back to the future" in order to understand how currency ETFs can be beneficial during trading Wednesday. Trading patterns in UUP and EUO are a good illustration of how these funds can be beneficial for investors looking to make a play on currency in choppy global markets. ... Aggressive investors should consider EUO for short-term trades while ETF traders who can't stay glued to their monitors should look to UUP if they still want to get involved in currency trends." Read more here.

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