1) Invesco DB US Dollar Index Bullish Fund (UUP) - This ETF seeks to track the performance of the Deutsche Bank Long US Dollar Index (USDX) Futures Index. The index is designed to track the value of the U.S. dollar relative to a basket of six major currencies. The fund holds futures contracts on the currencies that make up the index and seeks to provide investors with exposure to the U.S. dollar.
2) Invesco CurrencyShares Euro Trust (FXE) - This ETF provides exposure to the euro, which is the currency used by 19 European Union countries. The fund holds euro-denominated cash and seeks to track the price of the euro relative to the U.S. dollar. The fund is designed to provide investors with a way to invest in the euro without having to hold the currency directly.
3) Invesco CurrencyShares Japanese Yen Trust (FXY) - This ETF provides exposure to the Japanese yen, which is the currency used in Japan. The fund holds yen-denominated cash and seeks to track the price of the yen relative to the U.S. dollar. The fund is designed to provide investors with a way to invest in the yen without having to hold the currency directly.
4) Invesco CurrencyShares British Pound Sterling Trust (FXB) - This ETF provides exposure to the British pound, which is the currency used in the United Kingdom. The fund holds pound-denominated cash and seeks to track the price of the pound relative to the U.S. dollar. The fund is designed to provide investors with a way to invest in the pound without having to hold the currency directly.
5) Invesco CurrencyShares Swiss Franc Trust (FXF) - This ETF provides exposure to the Swiss franc, which is the currency used in Switzerland. The fund holds franc-denominated cash and seeks to track the price of the franc relative to the U.S. dollar. The fund is designed to provide investors with a way to invest in the franc without having to hold the currency directly.
Investing in currency funds can provide diversification to an investor's portfolio, as currencies can have different performance patterns than other asset classes like stocks and bonds. It's important to note that currency investing can be volatile and involve significant risks, including the possibility of loss of principal. As with any investment, it's important to thoroughly research and understand the risks before investing.
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