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An effective way to hedge currency movements in BZF?     15-Jul-08 12:05 pm    
I'd like to find a way to effectively hedge at least 70% of the movements of BZF against the USD. What I am trying to get at is the 11% yield without the unpredictable currency swings. Right now Powershares USD Bullish (UUP) looks like it is settling into an inverse relationship with BZF but obviously this could only work for the short term because it can't hedge any specific shocks to the Brazilian market. Also, UUP is mostly euro-area currencies. Any other ETF's or other tools out there? Thanks
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gmcg1984

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Oakland


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An effective way to hedge currency movements in BZF?
gmcg1984 (1 Rating) 15-Jul-08 12:05 pm  
 
If you are a long term holder who is only looking ...
dlink_1510 Rate it 25-Aug-08 12:06 pm  
 
I understand what you are trying to do, and no, I ...
David_Purve... Rate it 25-Aug-08 06:27 pm  
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WisdomTree Dreyfus Brazilian Real (BZF)

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On Nov 25: 27.075 Up 0.215 (0.80%)
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