FMX | Connect – www.fmxconnect.com - (Reported 5/13/2011)
Dollar worries? How to invest in other currencies
Source: Reuters
If you’re wringing your hands about prospects for the U.S. dollar, take some comfort: You’re part of a large club. With the Federal Reserve essentially printing money to help the U.S. out of the Great Recession, while keeping interest rates low, there’s not a lot of robust dollar-defending going on.
No wonder the buck is hitting three-year lows against major currencies. But these days, even if you’re not a gold bug, you’re not necessarily locked into the greenback. For full article, click here.
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