09-12-2007, 05:31 PM
|
#1 |
Join Date: Mar 2007 Thanks: 0
Thanked 1 Time in 1 Post
| How to hedge against falling US Dollar
Got a question for you FOREX guys. I trade almost all US securities and futures...and my accounts are in US dollars.
I'm concerned about the falling US dollar...and what about higher oil prices...could it exacerbate the problem. I used to be able to get 1.33 Canadian for 1 US dollar...now it's almost break even. Long term it looks very bearish...could it actually fall BELOW the Canadian $?
Is there any strategy I can do to hedge against this without going to the FOREX markets directly?
|
| |