I’m a US citizen, all of my investments and savings are in USD. Given all the turmoil in the states including rumors of eliminating FDIC insurance of bank accounts, I’m interested in converting some of my savings to Euros, ideally in a non-US bank.
I’m not really looking to invest necessarily, just hedge against the dollar. If it helps at all I currently have ~100k each in vanguard ETFs/high yield savings/CDs
Any reason this would be a bad idea?
Thanks!