Protecting against euro resurgence

- By FX Markets Staff
- @FXMarkets_
- 07 Jul 2003

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Background: With the rapid run-up in the euro, a Hong Kong-based buyer of euro against the dollar on a monthly basis has missed the chance to hedge forward at a budget rate of 1.1250. Now there has been a retracement from the highs, and he is eager to put some hedges in place for the next 12 months to protect against a resurgent euro.

Problem: Unfortunately the buyer’s budget rate is still much lower than the current average forward at 1.1550. Any proposed hedge must be zero premium. It should

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com