In addition, Rogers does not own any stocks linked to commodities because of the risk associated with stocks. He is long commodities and short stocks. [Euro ETFs: More Trouble Ahead?]
One stock, however, is on Rogers’ radar. Based on how the Gulf oil crisis unravels, he thinks BP (NYSE: BP) might become a good buy. Interesting…
For more stories on the euro, visit our euro category.
- CurrencyShares Euro Trust (NYSEArca: FXE)
- WisdomTree Dreyfus Euro (NYSEArca: EU)
Read the disclaimer; Tom Lydon is a board member of Rydex|SGI.
Sumin Kim contributed to this article.