10 Short Plays to Profit from Dollar Rally
Sep 16th, 2008 | By Andrew Gordon | Category: Featured, Financial NewsThe US dollar index has jumped 10% since early July.
This has had a negative effect on commodity prices. It has also brought considerable relief to consumers in the form of lower gas prices.
However, US exporters have watched their products become 10% more expensive in just two months.
Andrew Gordon says shorting US stocks with a heavy reliance on overseas sales is a great way to profit from US dollar strength. He lists the ten companies most vulnerable to further gains in the buck.