Scott Nations' Dollar Futures Trade

On CNBC's "Futures Outlook," Scott Nations said people are going to sell the U.S. dollar for the euro because of less safe haven need. Relative rates are also a problem and with the Fed on hold, the dollar is not going to get any help, he added.

The way to play this is to short the U.S. Dollar Index futures, said Nations. He would sell the March contract at 90.60. His target price is 89 and he would place a stop loss at 91.10. At those prices, Nations is risking $500 to make $1,600.