Post #248 by MisterFungi on the US Policy board

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As noted previously, for the foreseeable future DW and I (US citizens) are considering spending at least a good chunk of each year in France, most likely renting for 3 to 6 months at a time and perhaps buying a place later on. The rapid rise in the Euro relative to the USD has prompted me to consider something I know virtually nothing about: how to hedge against a long-term weakening dollar relative to the Euro.

I absolutely do not want to get into currency speculation. I want a solution to my (potential) problem that is as simple as possible and will work easily and with low risk for sums in the, say, $10K to $100K range.

Is the solution I'm seeking as simple as purchasing FXE?

Thanks.

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