Banking on the dollar

[love-to-bike]

Hi,

I've seen ways to invest in various funds that do well against a falling dollar by investing in multiple foreign currencies. Is anyone familiar with the opposite? In other words, are there any funds that invest in the USD?

Thanks,
Bob

[Bullitt]

Don't know of funds but here's an idea if you're looking to play the dollar.

1. US Dollar Bullish ETF (UUD) makes money when the dollar climbs.
2. US Dollar Bearish ETF (UDN) makes money when the dollar falls.
Use $DXY for your dollar index.

Good luck with your investing.

[love-to-bike]

Thanks - not going to jump in or anything but I am interested. Also, I think you meant UUP, not UUD.

[Bullitt]

Yes, UUP is what I meant.

[Grizzly]

Hi,

I've seen ways to invest in various funds that do well against a falling dollar by investing in multiple foreign currencies. Is anyone familiar with the opposite? In other words, are there any funds that invest in the USD?

Thanks,
Bob


Rydex has RYSBX and Pro Funds has RDPSX
Hope this helps
Mike

[Bullitt]

10 Year note is giving way to the USD advance. Might be time to start trading the dollar in an uptrend.