Jakester

Week in Review: Dollar's Biggest Advance Vs. Euro in 3 Years

If one buys the premise that the dollar will continue to gain on the Euro, perhaps the best way to play this is using DRR which is the double inverse Euro ETF. It aims to go up 2x the fall of the Euro vs the dollar. I have been using it for a couple of weeks and it seems to obtain this correlation fairly well. It's only a month old, but hit a new high yesterday.