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Emerging Markets and Hedge Execution: A USD/MXN case study

Financial professionals can potentially benefit from using FX derivatives. Prudent use can help businesses secure and enhance financial performance relative to budget, while also helping reduce risks that may arise as supply chains shift closer to home.

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By Cross-Border
Mar 15, 2024
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Australian Financial Review: Here’s what the RBA might do after RBNZ’s latest cut

Australian Financial Review: Here’s what the RBA might do after RBNZ’s latest cut

“The gap should continue to widen with the RBNZ set to deliver greater interest rate relief over 2025,” said Peter Dragicevich, a currency strategist at business payments company Corpay.

Financial Post: Loonie watch: ‘Nothing but dead air’ stopping the Canadian dollar from hitting 68 cents U.S., says Rosenberg

Financial Post: Loonie watch: ‘Nothing but dead air’ stopping the Canadian dollar from hitting 68 cents U.S., says Rosenberg

“We suspect these moves will ultimately look overdone, with the cold commercial logic of international trade and domestic price pressures prevailing in reducing the tariff burden that actually reaches implementation,”

Reuters: Companies bolster currency hedging strategies as Trump plans tariffs

Reuters: Companies bolster currency hedging strategies as Trump plans tariffs

“The election is a big catalyst for hedgers to think about currency risk," said Karl Schamotta, chief market strategist at payments company Corpay in Toronto.

Bloomberg: Trump’s Tariff Threats Propel Dollar as Traders Brace for Swings

Bloomberg: Trump’s Tariff Threats Propel Dollar as Traders Brace for Swings

“We’re seeing the use of economic warfare instruments to achieve geopolitical goals,” said Karl Schamotta, chief market strategist at Corpay in Toronto.

CNN: Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1

CNN: Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1

“The measures proposed this evening could hit a number of strategic US industrial sectors hard, add approximately $272 billion a year to tax burdens, raise goods prices, lift interest rates, and sap strength in an already-vulnerable household sector,”

Financial Post: Loonie watch: Canadian dollar hits four-year low as 71 cent U.S. threshold nears

Financial Post: Loonie watch: Canadian dollar hits four-year low as 71 cent U.S. threshold nears

“The Canadian dollar looks poised on the edge of breaking through post-pandemic lows to the downside,”

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