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Old 09-12-2007, 05:31 PM   #1

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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?
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Old 09-12-2007, 05:53 PM   #2

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Re: How to hedge against falling US Dollar

You could short NYBOT Dollar Index futures.
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Old 09-12-2007, 06:32 PM   #3

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Re: How to hedge against falling US Dollar

Quote:
Originally Posted by notouch »
You could short NYBOT Dollar Index futures.
Nice - it's available on ICE.
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