BTW, another way of hedging against dollar maybe to invest in major exporters from the US. But I couldn’t find any stocks of big exporters that haven’t already moved in last 3 months. Any recommendations here?
qcomer, here’s my take … if you think the dollar will fall further, buy the majors exporters that have already moved. If you are looking for companies that haven’t responded to the most recent drops in the dollar, why do you think they might fall when the dollar drops further ?
My advice, take the ones that have already responded to the current decline of the dollar. Sure you missed the recent move, but if you expect it to move further go with the trend. If a major exporter hasn;t responded to the dollar drop, it’s probably because the company is weak for other reasons.
