Is there anything on the NYSE that follows true commodity prices or specific Forex?
Counter Trigger asked:
I want to play commodities or Forex but I don’t want to deal with a broker…Shouldn’t there be something like this on the market?
Faith
I want to play commodities or Forex but I don’t want to deal with a broker…Shouldn’t there be something like this on the market?
Faith
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3 Responses to Is there anything on the NYSE that follows true commodity prices or specific Forex?
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There are plenty of ETFs and ETNs that track the major foreign currencies (AUD, GBP, CAD, EUR, JPY, SWF), the US dollar index and commodities (crude oil, gold, silver, commodity index, agricultural index). There are also many leveraged and inverse ones which move more than 100% of the underlying, or inverse to the underlying. Same applies to Stock indexes and Treasury bond.
All the info you want here:
WANLUCK
USO = oil
UNG = natural gas
GLD = gold
UUP = US dollar
Renzo
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