As U.S. equity markets have soared in recent months, the dollar has steadily declined against most of its major rivals, recently falling below the key $1.50 level against the euro for the first time since August of last year. This extended fall has investors wondering if the dollar’s decline reflects temporary volatility, or a long-term trend.
Despite the negative connotation, a less valuable currency may not be a negative development for the U.S. economy. But it has nevertheless become a concern for many investors who have begun to seek out ways to hedge against a further decline. Not surprisingly, there are a number of ETFs that offer a way to profit from a falling dollar. Today, we take a look at one of these options: exchange-traded commodity products. To get the rest of the series, be sure to sign up for our free ETF newsletter.
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