Sell FXA Buy EEM and FXI

So in the past I have written that I like FXA, the Australian Dollar.  I have also written I like the emerging markets.  Since I own both positions for the long-term I was curious about a explosive trade idea.



If you like emerging markets as much as I do, what has a better  return expectation FXA or EEM.  My choice  is EEM so I am trading in a quarter of my FXA and buying twice the number of shares of EEM and using left over cash for FXI.

Posted by Bradley Fluetsch at 3/19/2009 5:40 AM
Categories: Speculation
Tags: Australia FXI emerging markets Currency Trade profit EEM China
 

What did you think of this article?




Trackbacks
Trackback specific URL for this post
  • No trackbacks exist for this post.
Comments
  • No comments exist for this post.
Leave a comment

Submitted comments are subject to moderation before being displayed.

 Enter the above security code (required)

 Name

 Email (will not be published)

 Website

Your comment is 0 characters limited to 3000 characters.