$Dollar Index DXY advice needed

Malthusian

booneruk said:

How are you preparing for this financial apocalypse?

By flouncing after the financial apocalypse didn't get him rich quick. That post was two years ago.

1404 said:

What is the best way for a UK investor to gain exposure to the USD/DXY, please?

You would be looking at one of the trading platforms that caters to gamblers, if indeed there are any that offer something so specific. Why not just buy dollars? Or for that matter a US index tracker, if you want to gamble on the US economy outperforming the rest of the world, while still making an actual return?

Gary1984

Short duration unhedged US treasuries would earn you a return and expose you to the currency risk with minimal interest rate risk.  Or an S&P500 tracker if you want something riskier.

bery_451

£GBP Pound Sterling nearly reached Parity with the $USD Dollar last September which was a shocker. Don't know whether the Queens death and her head still on our currency or Liz Truss and her budget that caused the parity. Back in the day £1 was equal to $4 now its like $1.27 which is pathetic. Don't even mention Brexit because the Euro currency is declining like the £pound too.

The $USD dollar is still the world reserve currency so by default the $dollar is better than the £pound. Wonder what King Charles gonna do to strengthen our £gbp pound currency... I guess nothing. Well his head is not on our currency yet after nearly a year from the death of his mother. Maybe charles knows our £gbp currency is going down the drain anyway so he is saving himself the embarrassment by not putting his head on it I guess especially in Hyper Inflationary times when we will use cash money notes as toilet paper.

If Bank of England double their Interest Rate overnight then our £gbp currency will be strong again but it will kill all the debtors in this country and the whole uk economy will grind to a halt because our economy is mostly run on debt.