On earlier posts we looked to ranking of the Currency ETF’s (Exchange Traded Funds) as an alternative for trading currencies for hedging or speculation.
The ETF’s are traded like stocks and most are quoted in US Dollars.
The chart below is the comparison chart for the major currency ETF’s and it’s simple to see that the Yen/USD (Yellow line) is at a different level compared with the other major currency ETF’s.
Zoom in on the chart to see the percent change in value. during the last 6 months.
Easy ranking can be done on:
http://etfscreen.com/cchart.php?sl=212&cl=FXA+FXE+FXF+FXY+FXM+FXC+FXB
Trading Forex in Baskets to diversify trading risk for both, speculative trading or hedging Forex risk by 

