EMvet- I agree you bear currency risk on the foreign CD (that's pretty much the point of the whole post). I suppose I did use the term "risk free" a little too loosely. As far as being a "little late," and now being the time to start "lightening up"... Well, USD/EUR futures contracts traded at the Chicago Merc are still predicting a decline is the USD over the coming months.
EMvet- I agree you bear currency risk on the foreign CD (that's pretty much the point of the whole post). I suppose I did use the term "risk free" a little too loosely. As far as being a "little late," and now being the time to start "lightening up"... Well, USD/EUR futures contracts traded at the Chicago Merc are still predicting a decline is the USD over the coming months.
EMvet- I agree you bear currency risk on the foreign CD (that's pretty much the point of the whole post). I suppose I did use the term "risk free" a little too loosely. As far as being a "little late," and now being the time to start "lightening up"... Well, USD/EUR futures contracts traded at the Chicago Merc are still predicting a decline is the USD over the coming months.
Betting Against the U.S. Dollar [View article]
I agree you bear currency risk on the foreign CD (that's pretty much the point of the whole post). I suppose I did use the term "risk free" a little too loosely. As far as being a "little late," and now being the time to start "lightening up"... Well, USD/EUR futures contracts traded at the Chicago Merc are still predicting a decline is the USD over the coming months.
Betting Against the U.S. Dollar [View article]
I agree you bear currency risk on the foreign CD (that's pretty much the point of the whole post). I suppose I did use the term "risk free" a little too loosely. As far as being a "little late," and now being the time to start "lightening up"... Well, USD/EUR futures contracts traded at the Chicago Merc are still predicting a decline is the USD over the coming months.
Betting Against the U.S. Dollar [View article]
I agree you bear currency risk on the foreign CD (that's pretty much the point of the whole post). I suppose I did use the term "risk free" a little too loosely. As far as being a "little late," and now being the time to start "lightening up"... Well, USD/EUR futures contracts traded at the Chicago Merc are still predicting a decline is the USD over the coming months.