Visualising Currency Risk
When we talk about currency risk and developing and implementing a hedging programme that allows you to reach a specific business goal, we often use language reminiscent of military campaigns.
Like a military campaign, a sound and well-executed hedging strategy requires advance planning and forethought. This includes clearly articulated objectives, understanding of the landscape, the tools at hand, the personnel required to deploy those tools, the tactical options and approaches, and support and buy-in from your management.