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Author Topic: International Travel / Currency Hedging  (Read 296 times)
jakeh25ad
OPNM
Jr. Member
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Posts: 75


« on: September 21, 2009, 04:43:23 PM »

My wife and I booked a safari for next summer this past year.  In hindsight I should have gone ahead and paid in full when the USD/ZAR was trading around 10.  I didn't and now the USD/ZAR is around 7.50, making our little vacation quite a bit more expensive!  I'm concerned that the dollar isn't going to be getting any stronger anytime soon. 

Is there anyone out there that can give me some strategies to slow or stop the bleeding so my vacation doesn't get that much more expensive.  I have an FX trading account and it is funded, but I've never made a live trade, only paper traded FX.  So I'm open to any and all suggestions.  Thoughts?
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