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Commodities Briefing - Categorized | Currencies more

Currency winds hit home

Posted on 05 December 2012

Unfavorable foreign-exchange rates are marring the results of more big U.S. companies, as their expanding operations abroad expose them to the swings of a growing number of currencies beyond the euro and British pound.
But don’t expect those companies to hedge their currency risk more than they already do. That’s because hedging is costly and can damage results more if a company makes the wrong bet………………………………………..Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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