Ray, The best way, IMHO, is through futures brokers. A lot of people are afraid of futures, but it is the margin that kills them, not the actual contracts.
You can also walk into any money center bank and buy foreign currency physicals.
The larger full service brokers also offer physicals, or they can show you bonds denominated in a foreign currency. The bonds, of course, both double your risk and your reward. They are also somewhat offsetting, as lower rates, good for bonds, usually hurt the currency.
MB |