AboutJohn D Smith, CFP Expertise I can answer detailed questions regarding mutual fund investing, retirement planning, education planning and related financial planning/investment issues. I have a B.S. degree in Financial Planning & Counseling. I am also a Certified Financial Planner practitioner and have performed fee only investment management and financial planning services for the past 11 years.
Question Do currency ETFs go up and down with the currencies they track?
Answer Hi. The price flucuation of ETF's are technically driven by the purchase and sale pressures of the shares that trade throughout the day. However, these purchase and sale pressures, and resulting performance of the ETF is based on the value of the securities (or in this case currencies) within the ETF itself. So, in regards to your question, the answer is yes. I hope this helps.
