Another Way To Play The U.S. Dollar’s Downturn – Sberbank


  • Currencies trade in pairs – if something goes up, something else is going down.
  • There are many derivative plays offered by forex, which can be realized in the stock market.
  • Buying and selling foreign companies is one way to play the US dollar.
  • Many foreign companies are traded on US exchanges via ADRs.
  • Sberbank provides a great play on USDRUB carry trade.

With the EUR/USD around 1.15, there’s talk about the US dollar being in a downtrend. As we’ve explained in previous articles, there are many ways to trade forex without actually trading forex. That’s because the forex market is largely a derivative itself. Unless you are actually sending money to another country, you aren’t really in the forex market. If you have a forex account and trade, you are betting on the rate of change of the currency pair. It is completely artificial, a complete derivative. But this derivative, the rate of exchange from one currency to another – impacts all markets.

Read the full article on Seeking Alpha

Follow our blog by email

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.