Saturday, January 23, 2010

2x Short Currencies Are There Any Funds Or Etfs Out There That Are Short The Euro?

Are there any funds or etfs out there that are short the euro? - 2x short currencies

I would like briefly to the euro, but must do so indirectly, in my IRA. I'm looking for a fund, or ETF, like the anti-FXE. I know DBV (2x long 3 currencies, short 3), if I'm not sure that the parts too long and the short term.

2 comments:

Brendan Prewitt said...

Not sure about the requirements of its own, but some IRA are allowed to treat options. If so, you can get some calls FXE, with the strike in September '08, which is about six months, is the least risky. If this fails, you should consider the purchase of the UUP, which was the ETF ProShares DB U.S. Dollar Bullish. We will achieve this as well, but is diluted in other currencies. One would do little more interesting to buy the CD, Claymore MacroShares Oil declining confidence, but that is little action, which means that it can be very manipulative and should be used in the longer term for the operation. Therefore, as a little bit more indirectly, you should consider buying the boat, ProShares Ultrashort Oil & Gas. It is playing an indirect way to a weaker euro, but rather a work of a strong dollar, as the stronger dollar means that oil prices. However, it is important to note that the euro was trading in line with oil prices recently, a short distance, especially oil, is essentially a form of HSOrting euros. Just a few ideas, I hope it helped.

Good luck!

Brendan Prewitt

jebediab... said...

If it is very likely they will find the "Look ProShares' Profunds.com. Sooner or later, right ... The euro has reached the tail-off to (soon I hope).

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