Market Insights & Updates

Why a foreign exchange loss appears at year end when nothing was paid, how to find your net monetary position, and the difference between hedging reported earnings and hedging cash.

Why the agreement that governs North American goods says nothing about how the money moves, and what that costs on each of the three corridors.

Why the beneficiary receives less than the sender sent, where correspondent deductions come from, and which parts of the gap a business can actually control.

Where your currency exposure actually starts, how much of it to cover, the cash-flow trap that catches first-time hedgers, and the five questions to ask any provider.

What an option gives you that a forward cannot, what the premium actually costs, and why a zero-cost collar is not free.

How forward pricing actually works, where forwards fit in a Canadian business, and how to decide what to cover.