Worried about the outlook for the stock market? Here's a counterintuitive trade to help you hedge.
Because currencies move in different relationships to stocks, you can use that difference to protect your investments.
For example, in the event of a natural disaster, traders often go to so-called safe haven currencies, and you can join the crowd on that trade.
If you're just looking for a currency trade with close correlation to the stock market, Rebecca Patterson, global head of currencies and commodities at J.P. Morgan's private bank, has an unusual suggestion: selling the euro and buying the Swedish krona.