CurrencyShares Canadian Dollar Trust (AMEX:FXC)

CAPS Rating: 2 out of 5

Exch traded fund to reflect prices of CN $ in USD

Recs

0
Player Avatar Sridhartoronto (26.17) Submitted: 8/14/2009 2:48:42 PM : Outperform Start Price: $90.44 FXC Score: -25.80

This is a bear market bet. The Canadian dollar falls less than the S&P 500 when the market "corrects". The U.S dollar still remains a safe haven currency. i wouldn't bet against the USD right now.

Featured Broker Partners


Advertisement