Please read the information on taxes for currencies bought for investment......... Check this out http://www.maximadvisors.com/knowledge-library/international-tax-planning/US-Taxation-Foreign-Currency-Gains-Losses (sent by Yahoo! Toolbar) PLEASE READ. US Taxation of Foreign Currency Gains or Losses The general rule with regard to the U.S. tax treatment of gains or losses from exchanging U.S. currency for non U.S. currency (and back) is that the gain or loss on the currency exchange will now b