Currency ETFs: Chinese Yuan Strengthens to 20-Year High
October 16, 2012 at 13:15 PM EDT
Investors are bullish on the yuan as it has held up against the U.S. dollar despite the weakening Chinese economy. Focused exchange traded funds are a safer way to play the upside of the yuan as it appreciates. “China’s yuan rose against the U.S. dollar late Monday to the second-highest...