Making Money from Money by P-PearsonEducation

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									Making Money from Money
FT Press Delivers Elements

Author: Tom Lydon



Edition: 1
Description

This Element is an excerpt from The ETF Trend Following Playbook: Profiting from Trends in Bull or Bear
Markets with Exchange Traded Funds (ISBN: 9780137029013) by Tom Lydon. Available in print and
digital formats.What you need to know about currency trading—and how to use currency ETFs to profit
from it.In recent years, the dollar has become significantly weaker than other major currencies. At one
point, US$1 was worth half of £1. But having a strong or weak currency is never uniformly a good or bad
thing. Consider the implications for both circumstances. With a weak dollar, you may be less inclined to
purchase goods manufactured in countries with much stronger currencies. Meanwhile....

								
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