As I explained in one of my posts ETF stands for exchange-traded fund; an ETF holds assets such as stocks, commodities, or bonds, and trades close to its net asset value over the course of the trading day. The majority of ETFs track an index, such as a stock index or bond index. ETFs may be attractive as investments because of their low costs, tax efficiency, and stock-like features. I have always been interested in currency trading but the idea that I have to stick around a computer to closely follow the prices is a turn off. So I have been looking for alternatives. In this search for alternatives I came across ETF currency trading. Some currency’s that seem attractive to me are the dollar, yen, Australian Dollar and the Canadian dollar along with the Swiss currency. For a while I held the British pound in high regard and although I still think it’s an attractive currency I am suspicious about it. The reason for this feeling is the question about Britain will continue to be part of European Union. I am not sure about the consequences exactly but I doubt that it will be pretty. Which is why the American Dollar, Yen, Australian Dollar and the Canadian Dollar are my safety bets in terms of currency trading. Once I am a bit more clear about British intents in terms of their relationship with the European Union would I make a bet on the British pound. Ishares seems to have some interesting currency ETF’s. As always do your research and look for any charges that might dwindle your return.