04.10.2013 - ETFs versus forwards: Which are best to play currency dislocations?
Congressional deadlock is bad for equities and equally bad for bonds, but may spell good news for the US dollar. As a safe haven currency with unparalleled liquidity, it thrives on fear and should strengthen on market uncertainty. Wrangling over the US debt ceiling and deficit in the weeks ahead should therefore be supportive. But then again, the mess on Capitol Hill could weigh on economic growth, delay any tapering of quantitative easing and depress the dollar...............................................Full Article: Source
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