ETFs That Can Benefit from the Dollar’s Decline

With the dollar in decline, it could pay to invest in a variety of international and foreign currency exchange traded funds (ETFs). As we mentioned last week, there are several benefits abroad and reasons why the dollar continues to weaken, they include:

1. The U.S. economy is growing slower than many other countries’ economies (such as South Korea, Brazil, Germany).
2. U.S. interest rates are at the status quo while other countries’ interest rates are declining, according to Carl Delfeld of ETF EXRAY.
3. The U.S. housing market is kind of a mess and is not predicted to improve.

Read the disclosure, as Tom Lydon is a board member of Rydex Investments.