Profiting From a Weak Dollar
Profiting from a Weak Dollar is something to keep in mind as the financial markets progress.
Oscar G. Salem from BCM Partners makes the case again for the US Dollar to weaken, especially against commodity currencies. He notes today that inflation is now “unanchored” and this will favor the commodity currencies like the Australian Dollar moving forward.
He also discusses his last position in the US Dollar and talks about recent short JPY exposure, and how risk management is key in this environment for portfolio managers like him.
//SPONSOR – EIGHTCAP ✅ https://www.eightcap.com/en/?cxd=3624…
Eightcap was founded in Melbourne, Australia, in 2009 with a simple, clear mission: to provide exceptional financial services to their clients. The broker is committed to building a home for MT4 and MT5 traders. This fundamental principle remains at the core of everything they do at Eightcap, and they believe staying true to it is pivotal to their success. Now with five offices across the globe and regulation in multiple locations, they provide clients worldwide with the ability to trade on a broad range of markets across FX, Indices, Cryptos, Commodities and Shares.
They are an award-winning broker who is focused on traders security and peace of mind. They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for traders to trade on. That’s why they have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards and, more recently, been named the Best Crypto Broker at the AtoZ Market Awards, 2021.
Founder, Managing Partner
BCM Partners, LLC