Forex as Hedging for USD/SGD

[scottleey]

Hi guys, any help is greatly appreciated.

I am invested in US equities and im looking towards hedging currency risk. My home currency is SGD. I am anticipating the declining of USD and i wanna hedge against it at the end of the longterm like 10-20 years down the road.

Is there anyway i can do it without posting cash upfront? Any online brokers that offer these futures contracts?

Thank you very much in advance.

 

[Rhody Trader]

All of the options available to you - futures, spots, forwards - are going to require some kind of cash upfront for margin. You won't find any futures contracts going out 10 years (though you could keep rolling forward), but through a bank you may be able to get a forward contract. Alternatively, you could put on a spot trade and just let it run, realizing there may be carry/roll costs (or benefits).