So let me see if this is correct:
f interest rates go up, a currency should weaken against other currencies. So if the fed raises interest rates on the US dollar the euro should strengthen. Following on this, if the dollar weakens against an un-hedged ETF holding euro denominated assets, that ETF should appreciate.
Am I right or wrong in my assumptions? Thanks in advance.
Submitted June 08, 2015 at 05:48PM by discontinuity http://ift.tt/1T7ZATV
