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| Subject:
Shorting the U.S. $
Category: Business and Money Asked by: gollum9701-ga List Price: $5.00 |
Posted:
24 Oct 2005 17:23 PDT
Expires: 23 Nov 2005 16:23 PST Question ID: 584436 |
Is there a way to short the U.S. dollar and go long some other curreny(ies) or store of value. I am aware of futures exchanges but I think they are for the "big boys," I am a middle class individual. |
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| Subject:
Re: Shorting the U.S. $
From: thinkcap-ga on 24 Oct 2005 18:18 PDT |
Check out http://www.interactivebrokers.com They are by far the best brokerage in the universe in terms of functionality, cost and features. Shorting the USD is done by selling USD and purchasing a foreign currency or you could purchase futures... |
| Subject:
Re: Shorting the U.S. $
From: noledge-ga on 24 Oct 2005 22:05 PDT |
Usually GOLD is used as a US$ hedge. |
| Subject:
Re: Shorting the U.S. $
From: forex-ga on 25 Oct 2005 17:45 PDT |
www.fxcm.com is designed specifically for trading foreign currencies. You can open an account with as little as $300, and trade a number of foreign currencies. You will also be able to predetermine your leverage and your risk. |
| Subject:
Re: Shorting the U.S. $
From: permagrin-ga on 28 Oct 2005 13:13 PDT |
Another FOREX site is oanda.com. There is no account minimum to trade with them. Beware though, the rabbit hole gets deeper. |
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