Investors should bet against the dollar, currency strategists say as the U.S. government shutdown entered its second day on Wednesday.
Michael Every, head of financial markets research of Asia-Pacific at Rabobank, suggested that investors looking for a short-term trade should short the dollar against everything.
"That would definitely be the attitude to take," he told CNBC Wednesday. "We just want some kind of indication of how long it's going to be until we return to normalcy. Is it going to be a few days or a few weeks?"
The White House ordered federal departments to execute shutdown plans on Tuesday, leaving nearly 800,000 people locked out of work, after Democrats and Republicans failed to agree on a spending bill before Monday's midnight deadline.