View Single Post
  #2  
Old 11-01-2007, 01:13 PM
Moonshine Moonshine is offline
Senior Member
 
Join Date: Jul 2006
Location: PM me for FT monies
Posts: 2,037
Default Re: What to do with different currencies?

If you just want to protect what you have, you could just hedge yourself.

IE if you're canadian and hold euros, you're exposed to the euro falling against CAD. If you sell the appropriate amount of EUR/CAD you would essentially negate most/all of your risk

This may be entirely inappropriate for you if you only have a few thousand lying around
Reply With Quote