Strategies to Profiting from Weak US Dollar
Fall in dollar price compared to other foreign currencies can sufficiently affect a normal portfolio. Weak dollar triggers a chain reaction in the county’s economy, which includes increase of trade deficit and national deficit, increase of imported product price, interest rate hike, etc. However investors can also hedge against their portfolio value decrease by following many strategies.
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- Investing in exporting companies. Weak dollar favors exporting companies as they get more dollars in exchange of foreign currencies that they get as a result of trading.
- Investing in multi national companies (MNCs). And also companies which get considerable part of their income from foreign countries.
- Investing in companies which are indirectly benefited from weak dollar. Such as companies that support exporters by providing them materials and services, companies which have production units in other countries, and outsourcing companies.
- Investing in foreign companies, funds and markets.
- Strategies that can benefit you in interest rate increase.
- Investing in gold and other precious metals.
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posted by Daniel Pipitone at
5:26 AM
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