Re: Canadian Dollar
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I'm not sure of the specifics of how to do it, but what you need to do is figure out how to hedge your currency exposure
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An easy way to do this is through a CFD or spreadbetting broker (I pretty sure these aren't available in The US, but maybe you can use them in Canada).
There's a cost involved with hedging, but this can be offset somewhat:
If you short the $US against Canadian so your exposure equals that of your $US denominated poker accounts, your risk will be neutralised.
If you have $US10000 in poker accounts, then you can set aside around $200 (spot currencies often require 2% initial margin) and short the $US.
If the dollar falls, you'll make about the same from your hedge as you lost in your poker accounts.
CFD/SB brokers pay you interest on short positions (LIBOR minus a nominal % for their profit). This will be around 2-3%. This small% annual rate will be paid to you on a daily basis and should off-set the costs of dealing fees/spreads (SB are commission free, as are some CFDs).
I've never tried this, but if you have a substantial amount in $US online it might be worth looking into and doing your own dd. I did look into it when the Cable rate was around $1.85 but the amount of $US I have online wasn't really worth the hassle. (If I'd have known it would sink to $2.05, I might have made a little more effot).
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