Review Of Currency-Linked Certificates Of Deposit

From Best Cash Cow

This year several countries have experienced  strong appreciation of their currency against the USD like China up 6.5%, Australia up 15%, Singapore up 11%, and Canada up 6%.  This could be an opportunity to invest in a currency-linked certificate of deposit (CLCD).

The article provides a few banks that offer CLCDs. In addition to EverBank, there's EastWest Bank and HSBC. I reviewed EverBank's Foreign Currency CDs in August. If you know of other banks, please leave a comment.