Basket Of USD Shorts

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Definition: Basket Of USD Shorts


Basket Of USD Shorts


Full Definition of Basket Of USD Shorts


A currency trading strategy that involves selling U.S. dollars short against a group or “basket” of other currencies. Instead of trading one currency against another, this strategy allows traders to reduce risk through diversification. When the dollar strengthens, it appreciates at different rates against other currencies. The “basket of shorts” strategy protects a trader from the risk of selling the dollar short against a single currency that experiences an unusually large drop in value.


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Basket Of USD Shorts. PayrollHeaven.com. Retrieved November 30, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/basket-of-usd-shorts/

Definition Sources


Definitions for Basket Of USD Shorts are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.