Change from the dollar Cash in on currency turmoil using these mutual funds, ETFs

Probably not euros or pounds or yen. Yet U.S. investors who may not know rupees from ringgits are buying and selling foreign currencies both as a hedge against their U.S. dollar holdings and as a way to speculate on global economic upheaval.

They're more interested than usual, of course, because of the turmoil that has cut the value of the euro by 14% this year while upending other benchmark currencies.

Indeed, foreign currencies have been surging into the investing mainstream. Almost $6.5 billion was invested in currency-based exchange-traded funds as of the end of May, up 65% from a year earlier, according to National Stock Exchange data. (more)