How does one short the Euro and make a fortune when it does move?
“How does one short the Euro and make a fortune when it does move?”
Simple. Just open an online forex account with an online forex broker, click on Euro and click sell. The only thing is you will be shorting it against the dollar. Sick and sicker.But everything is relative. I shorted the Euro but against the Canadian dollar to avoid the hassle of the US deficit and debt crisis.
In currency futures but virtually all amateurs get wiped out before making significant coin.
Buy the EUO. It’s an ETF that is long the dollar, short the Euro. It’s a 2x fund, meaning that if the Euro goes up or wobbles EUO will drop, but if the Euro plunges, EUO will rise twice as fast. With current volatility, if the Euro is flat but volatile, you could lose 15-25% in 12 months.
I don't know, why not ask George Soros? He's been making billions off the intentionally generated hardships in nations all over the world