Q: Pat: What’s a way for me to gain from a fall in the U.S. dollar against the Canadian dollar? What about for other currencies against the U.S. dollar? Thanks.

A: Invesco CurrencyShares Canadian Dollar Trust, $74.94, symbol FXC on New York (Shares outstanding: 2.2 million; Market cap: $164.9 million; www.currencyshares.com), is one of a number of CurrencyShares ETFs offered by Guggenheim Partners. These ETFs rise in value when the U.S. dollar falls and drop… Read More

Q: What’s a cheap way for me to profit from any further increases in the Canadian dollar against the U.S. dollar? What about the recent rise for several other widely traded currencies against the U.S. dollar?

A: CurrencyShares Canadian Dollar Trust, $78.79, symbol FXC on New York (Shares outstanding: 2.5 million; Market cap: $197.0 million; www.currencyshares.com), is one of a number of CurrencyShares ETFs offered by Guggenheim Partners. These ETFs rise in value when the U.S. dollar falls and drop when… Read More

Is there a way for me to profit at a reasonable cost from a fall in the U.S. dollar against the Canadian dollar? What about against other currencies?

CurrencyShares Canadian Dollar Trust, $100.33, symbol FXC on New York (Shares outstanding: 5.8 million; Market cap: $581.9 million; www.currencyshares.com), is one of a number of CurrencyShares ETFs offered by Maryland-based Rydex. These ETFs rise in value when the U.S. dollar falls, and drop when the… Read More

Hi Pat: I am one of your more recent subscribers and I like what I see so far. I have one question at this time. How does one invest in currencies if you think the U.S. dollar will collapse? Thanks.

If you want to invest in foreign currency movements in relation to the U.S. dollar, here are some exchange traded funds (ETFs) that let you do that.

CurrencyShares Euro Trust, $140.60, symbol FXE on New York (Shares outstanding: 2.7 million; Market cap: $372.6 million), is one… Read More

I am wondering if CurrencyShares, traded on the New York Stock Exchange, are a good way to invest in currencies. For example, the CurrencyShares Euro Trust has been much weaker than the U.S. dollar lately, and I think it will rebound. Many thanks.

CurrencyShares Euro Trust, $122.55, symbol FXE on New York (Shares outstanding: 6.7 million; Market cap: $815.1 million), is one of a number of CurrencyShares exchange-traded funds (ETFs) offered by Maryland-based Rydex. These ETFs rise in value when the U.S. dollar falls, and drop when the… Read More

I am wondering if CurrencyShares traded on the New York Stock Exchange are a good way to invest in currencies. For example, the CurrencyShares British Pound Sterling Trust has been stronger lately than the U.S. dollar and I think it will go higher. Many thanks.

CurrencyShares British Pound Sterling Trust, $158.99, symbol FXB on New York (Shares outstanding: 950,000; Market cap: $151.0 million), is one of a number of CurrencyShares exchange-traded funds (ETFs) offered by Maryland-based Rydex. These ETFs rise in value when the U.S. dollar falls, and drop when… Read More