How ETF Investors May Profit From Currency Devaluation
NEW YORK ( ETF Expert) -- ETF enthusiasts can make profitable investing decisions based upon government/central bank currency manipulation.
For example, a little more than a month ago,
In the article, I discussed Shinzo Abe's determination to devalue the yen substantially through aggressive monetary intervention so that Japan's exports would be more competitive on the world stage.
The beneficial trade? An investor who chose WisdomTree Japan Hedged Equity (DXJ) has seen month-over-month gains of 7.9%. In contrast, unhedged iShares MSCI Japan (EWJ) is up a mere 0.5% month-over-month; in spite of Japanese equities performing well, the rapid decline in the yen is killing the unhedged iShares vehicle.Obviously, one key to success in the current marketplace is being on the right side of a currency's trend. This isn't always easy to do. Readers and show listeners know that
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