Three ETFs To Watch During The Great Currency War Of 2010

As the American economy continues to grow at a painfully slow pace, investors have begun to lose confidence in the once rock solid greenback. This has pushed many investors into the relative safety of gold and other precious metals, many of which are now breaking through or approaching all-time highs. Even the much maligned euro–despite a patch of weakness earlier this week–has seen a spike in its value as of late, surging by close to 10% over the past three months. Given the ongoing troubles in the American market and the fact that even the euro has been gaining against the dollar, it should not come as a surprise to many to find out that the dollar has also been struggling against a variety of more fundamentally sound currencies as well. While some smaller countries, such as Switzerland and South Korea, have been intervening in the currency markets throughout the year, [...] Click here to read the original article on ETFdb.com. Related Stories: Currency ETFs: A Better Way To Play The BRIC? Which Chinese Yuan ETF Is Best To Play Currency Revision? Top Performing Currency ETFs From The First Half Of The Year