RE:RE:Fx HedgingHealth123 wrote: The question came up a number of times and touched on by a number of analysts most are concerned with the pound weakening like what happened with Greece's currency in the fall when there was talks of Greece leaving the EU.
It's obvious that CXR is net long both US$ and GBP.... that's the exposure you 'own' if you want to hold CXR. If you think you're smarter than all the global currency traders with respect to the future direction of the pound, then you should be trading Fx, not spending your time fear mongering on sites like this. Fx is just one of many many risks we wear as part of the equity investing.