Currently the aussie dollar is sinking (though I think it may reverse soon). This is fine if you are long in US stocks, but not so good if you are short.
So,for those trading international markets, do you hedge against adverse aussie$ movements? Or do you try to be in and out so quickly that it doesn't matter?
So,for those trading international markets, do you hedge against adverse aussie$ movements? Or do you try to be in and out so quickly that it doesn't matter?