Join Date: Feb 2006
Posts: 3,193
Just wanted to let people know about a new currency ETN that I have been waiting for months to arrive. PGD is an ETN that tracks the currencies of Singapore, Saudi Arabia, UAE, Hong Kong, and China. I have been waiting for a gulf currency instrument for months as I believe the pegs have forced their currencies to be at a minimum undervalued 20%. This is the first mainstream instrument offering exposure to these currencies.
