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PowerShares DB US Dollar Bearish ETF Message Board

  • digger876 digger876 Jun 1, 2008 1:14 PM Flag

    General help question

    A year ago I was re-locted to Israel by my software co. I am thinking of about 5 yrs here. My problem is that my paycheck is in US dollars and my living expenses are in shekels. I have lost about 25% in dollar value in past year. My question is:
    Whar are my best bets to hedge againt future loses besides just buying shekels. I have been told to short the dollar but am not an expert in this and can not afford to loose money with expirations etc. Thus I thought about an etf that shorts the dollar. No etf that shorts the dollar vs the shekel exists as far as I know though.

21.94+0.11(+0.50%)Jun 28 4:00 PMEDT