I want to take advantage of the weakening dollar, How can I invest in the euro?

With the DOW riding so high, I think the market is due for a correction, so I pulled my mutual fund. I only have 8K to invest and only want to hold the Euros for about 6 months. With the increasing American debt, this seems like a safe investment. thoughts?

I wouldn't try to time the market. You should have a properly allocated portfolio and rebalance when you think there will be a correction.

But if you are going to do what you want to do. I think the best way for you to do it, will be using this ETF (FXE). It's an ETF that tracks the Euro.

Good Luck!

Talk to CMC markets. They can let you hold a position on the Euro vs USD for that time at reasonable rates.

Otherwise simply open a Euro account at your bank, do a currecy transfer and sit it out. This isn't terribly smart as you'll end up paying quite a large spread to convert out to Euros and then back agin so you have to expect it to move by more than 5% before you start to profit.

Open a brokerage account at Zecco and buy the ETF (Exchange Traded Fund) FXE (NYSE)

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