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  Latest
Make Money in Forex by Avoiding These Psychological Risks May 24, 2022
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Dollar Bear

Mira Team by Mira Team
December 26, 2020
in Forex Terms
Reading Time: 1 min read
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Definition – What does Dollar Bear mean?

A dollar bear is a currency trader or investor who is very pessimistic about the future value of the U.S. dollar (USD) compared to other currencies. If a dollar bear follows through on his beliefs, he will take up short positions against the USD.

ForexTerms explains Dollar Bear

The USD is a major currency in the world and makes up a portion of many of the most traded currency pairs. Therefore a dollar bear has many options for shorting the USD, but he may choose to do so against one or two currencies in order to keep the trade manageable. There are, of course, many reasons to be negative about the U.S. economy at anytime, but there are just as many reasons to be positive. Dollar bears and bulls fight out their differences in opinion in the forex market just as traders in other currencies do – by shorting or going long.

ⓘ Mira FX is not liable for any damage or loss, including but not limited to, any loss of investment, which may be based either directly orindirectly on the use of or reliance on such information. Before deciding whether or not to take part in foreign exchange or financial markets or any other type of financial instrument, please carefully consider your investment objectives, level of experience and risk appetite.

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