Asian Currency

Asian Currency Funds and ETFs invest the majority of their assets in... Asian Currency Funds and ETFs invest the majority of their assets in Asian currencies or Asian currency futures contracts. These funds, which tend to be priced in U.S. dollars, are usually passively managed. They can be leveraged or unleveraged. There are also inverse Asian Currency Funds and ETFs, which allow investors to express a bearish view on a particular currency in the region. Three of the most commonly traded Asian currencies are the Japanese Yen, the Chinese Renminbi, and the Australian Dollar. Currency values are affected by a number of factors, such as relative interest rates (interest rate differentials among countries), economic growth expectations, commodity prices, budget and trade deficits, and geopolitical tensions. Speculators also play a big role in short-term currency fluctuations. Asian currency funds and ETFs may be appropriate for an aggressive investor willing to take on a fair amount of risk to achieve higher returns. Last Updated: 04/23/2024 View more View less

Asian Currency Funds and ETFs invest the majority of their assets in Asian currencies or Asian currency futures contracts. These funds, which tend to be priced in U.S. dollars, are usually passively managed.... Asian Currency Funds and ETFs invest the majority of their assets in Asian currencies or Asian currency futures contracts. These funds, which tend to be priced in U.S. dollars, are usually passively managed. They can be leveraged or unleveraged. There are also inverse Asian Currency Funds and ETFs, which allow investors to express a bearish view on a particular currency in the region. Three of the most commonly traded Asian currencies are the Japanese Yen, the Chinese Renminbi, and the Australian Dollar. Currency values are affected by a number of factors, such as relative interest rates (interest rate differentials among countries), economic growth expectations, commodity prices, budget and trade deficits, and geopolitical tensions. Speculators also play a big role in short-term currency fluctuations. Asian currency funds and ETFs may be appropriate for an aggressive investor willing to take on a fair amount of risk to achieve higher returns. Last Updated: 04/23/2024 View more View less