4 Ways to Short the U.S. Dollar
By Daniel at 14 October, 2009, 10:45 am
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In addition, the government stimulus package makes it unlikely that an already weak monetary policy intended to support U.S. exports will be reversed in the near term. The government’s decisions to print more dollars and increase government spending suggest the currency will continue to weaken. In short, many signs point to the dollar’s decline. “I think the dollar is going to go down in the medium term, in three to five years,” says David Wyss, the chief economist at Standard & Poors. “Countries are diversifying away from the dollar reserves. China and the OPEC countries will be moving toward more evenly-weighted market baskets, which means they’ll be buying fewer dollars.”
http://www.smartmoney.com/Investing/Economy/4-Ways-to-Short-the-US-Dollar/
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