05.12.2011 - Those Euro bets have many ifs
The European fiscal crisis isn’t just raising investor concerns about how much foreign exposure to have, but also about how those bets should be made. Historically, most individual investors have left their international holdings fully exposed to currency fluctuations. And for decades, this unhedged approach proved successful, as the dollar has lost roughly half of its value against a trade-weighted basket of global currencies since 1985..............................................Full Article: Source
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