Best way to speculate for a falling USD

Discussion in 'Trading' started by TM1982, May 4, 2009.

  1. TM1982


    If you don't agree that the USD is going to crumble, that's fine, I don't care.

    But if you were to be playing that trade, how would you put it on? What's the best way to play it?

    Long DXDDX?

    Selling the Euro/Aus Future?

    Selling the US Dollar Index Future?
  2. Probably the best way (you are going to laugh) is to put your money into CASH foreign currency. That way you aren't dependent on broker system errors and you won't be looking at a huge DD in case your broker accidently closes you position.

    You can also open a foreign bank account and convert your USD to any other currency.
  3. Since the dollar is still the world reserve currency. You buy commodities. Oil, food, agriculture, metals.
  4. TM1982


    But then you wouldn't really be ahead right, you would essentially have the same amount of money you would had there been no inflation. Isn't there a way to not only maintain but increase?
  5. Forget those nonsense commodity bets. If you want to short the Dollar, then short the Dollar. US Dollar futures are liquid enough and trade 24 hours.
  6. TM1982


    That was my initial thought as it gives you huge leverage. Just converting USD to another currency really doesn't do much for you except provide shelter.
  7. Have considered that you might be wrong about your prediction about the dollar, and what effects would that have on your plans?
  8. gody3


    Have you considered that you're usually wrong about people being wrong?