3 Advantages of Foreign Currency CDs
Aug 19th, 2008 | By Erika Nolan | Category: US Dollar & Forex TradingA foreign-currency CD is one of the simplest ways to buy foreign currencies, says Erika Nolan. You’re not really trading one currency for another like in the foreign-exchange market. Nor are you investing with leverage like a currency option. Instead, you’re buying and holding a foreign currency – just as if you were holding an average dollar-based CD…