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The availability of ETFs that have a specific currency as the underlying asset means that currency ETFs can be used to hedge exchange rate risk. These notional principals are predetermined dollar amounts, or principal, on which the exchanged interest payments are based.
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That information, while constructive on some level, provides little insight on how to make money trading them, which of course is the only thing that matters for traders. The price at which the market or your broker is willing to sell you a currency.

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