Yes, it does, if you want
to invest purely as an investor. You can benefit from exchange rate fluctuations
just as you can benefit by investing in equities in the stockmarket. However, as
in the stockmarkets, you also stand to lose money if the price movements are not
in keeping with what you had anticipated. Participating in a currency futures
exchange is risky, just as the stockmarket is. You should therefore be
knowledgeable about the currency market if you want to participate as an
investor.
