brettb
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I've been trading quite a lot of US stocks in my ISA. While my trading is profitable I'm being hit quite hard by the recent dollar weakness. My non-ISA account is using the same strategy with UK stocks only and it's been hitting new all time highs.
Is there anything I could do to hedge against a weaker dollar? Buy more stocks? Hold treasurys or inverse treasurys or something? Or just buy more US stocks when the pound is stronger?
I guess GBP is in a multiyear bear market against USD so maybe it won't matter in the longer term.
Is there anything I could do to hedge against a weaker dollar? Buy more stocks? Hold treasurys or inverse treasurys or something? Or just buy more US stocks when the pound is stronger?
I guess GBP is in a multiyear bear market against USD so maybe it won't matter in the longer term.