Even the smallest firms today are peddling their wares on Amazon, entering new markets and navigating the waves of FX volatility that can swamp top and bottom lines. Karl Schamotta illuminates the ways that firms large and small -- call them micro multi-nationals -- can be...
If there is a lesson for American businesses to learn from Brexit, it’s this: if a business has operations overseas, it needs to be attuned to the ebbs and flows of the FX market — or risk losing profits. The FX rate between the greenback...
A U.S. company holding money in euros is at constant risk of losing money: If the FX rate between the euros and the greenback falls, so do their profits. Political and economic factors, such as the Brexit vote or a lapsed loan between banks in...
With the pound pressured against other currencies, not only are holidaygoers finding it imperative to map FX rates and see where money goes in bookings but so are corporates. FairFX CEO Ian Strafford-Taylor told PYMNTS how exchange rates and currency rates can make a difference...
November 06, 2018
Even the smallest firms today are peddling their wares on Amazon, entering new markets and navigating the waves of FX volatility that can swamp top and bottom lines. Karl Schamotta illuminates the ways that firms large and small -- call them micro multi-nationals -- can be mindful of exposure to the vagaries of wild currency swings.
October 25, 2023
BNY Mellon has introduced a foreign exchange (FX) platform that lets clients execute transactions across portfolios. Universal FX, announced Wednesday (Oct. 25), follows the bank’s earlier debut of its OneFX solutions suite. “Today, the investment management industry often manages portfolios across several providers resulting in an inconsistent FX execution experience,” the company said in a news release. With […]
August 29, 2018
If there is a lesson for American businesses to learn from Brexit, it’s this: if a business has operations overseas, it needs to be attuned to the ebbs and flows...
