Excerpt from: Financial Spread Betting Strategies
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| August 29, 2006 | | Don't bet on the U.S. dollar...or at least go short | | The U.S. dollar is falling to nearly every major currency right now. The sterling is gaining on the dollar, the euro is making steady gains, the yen is finally up on the dollar. Even the New Zealand dollar is making modest gains against the greenback. Going short on the U.S. dollar is a fairly solid financial spread betting strategy right now. However, watch the Federal Reserve for signs that the interest rates might go up again, as that could give the greenback some short-term support. | | |
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