FX: Western Union hedging chief says take the short view
It's all bad news out there, so what's a treasurer to do? With a strong US dollar, treasurers are being advised to take their opportunities where they can.
Forex hedging strategy is leaning towards options, with traders favouring taking a short-term view amid a deluge of geopolitical uncertainties and the sudden outbreak of the COVID 19 or coronavirus in China and its spread to other parts, especially in Asia, a corporate hedging chief said at a media call yesterday.
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