USD won't move enough in a day to be concerned and usually moves inversely to what ever else you have on. If really concerned keep It spread over the other pairs. (Not at 40 to 1, 1 to 1) for instance for every 100k in cash keep 50k long EUR/USD or 25k long AUD/USD and 25k long GBP/USD or 25k short USD/CAD 25k short USD/JPY or heck, just become a full blown forex trader then with 100k in cash you can trade a million (or much more) USD long or short
sure..just read the disclosure and check out the rates first.. cause it may be only few pennies more than you loan it. but it will be more,guaranteed
look..if you live in US and spend your dollars here-you should stop worrying about your fucking money. have you noticed any difference in your life style,when euro was 1:1 or when it was 1.45 to dollar? tell us here,honestly. have you noticed ANY difference? now-if you trying to make a buck off it-it's called speculation or trading and it's comes with certain risks. big ones. those are your choices-you can live risk free life OR squeeze your balls in your fist and assume the fucking risks. short your dollar,buy euro,whatever..it's all out there..even in forms of ETF's. all sorts of baskets..high inflation countries vs low, high interest countries vs low..the list is endless..it's all up to you or you prefer an answer \advise from some random people on some public board? it's not a t shirt..there is no one size fits all.
this day and age, it is irresponsible to manage any portfolio without some kind of currency component. I'm not worried about my current lifestyle. I'm looking forward to my future net worth.
that would be my next question....cause some of folks i know having 7-8 figures in cash at bank and sleeps ok ....
depends on the exchange rate. Everytime one of those container ships goes across the ocean it is a boatload of currency risk.