FX Archives - CFO

3 Things CFOs Need to Know About FX Hedging

3 Things CFOs Need to Know About FX Hedging

CFOs need to own a hedging program’s objectives and recognize its limitations.

By Helen Kane | September 13, 2021

Why Is Blockchain Suddenly So Hot?

Why Is Blockchain Suddenly So Hot?

All at once, it seems, corporate treasury departments are embracing the distributed-ledger technology to manage FX more efficiently, among other reasons.

By Wolfgang Koester | February 9, 2018

How Tech Startups Should Manage Forex

How Tech Startups Should Manage Forex

Managing foreign exchange risk is crucial for a young technology firm with little excess cash.

By Chappy Chapman | January 16, 2018

Currency Moves Take a Smaller Bite Out of Earnings

Currency Moves Take a Smaller Bite Out of Earnings

Fewer North American companies reported negative foreign exchange impacts for the fourth quarter of 2016.

By Vincent Ryan | April 26, 2017

South America Deflates Goodyear’s Earnings

South America Deflates Goodyear’s Earnings

Despite a $646 million writedown of its operations in Venezuela, Goodyear will maintain manufacturing and sales operations there.

By Katie Kuehner-Hebert | February 9, 2016

P&G’s Profit Rises On Higher Prices

P&G’s Profit Rises On Higher Prices

But the consumer products giant also expects negative foreign exchange effects to continue to eat into total sales numbers.

By Katie Kuehner-Hebert | January 26, 2016

American Airlines to Take $592M Currency Charge

American Airlines to Take $592M Currency Charge

Globally, airlines have around $3.7 billion trapped in Venezuela as a result of its 12-year-old currency control system.

By Katie Kuehner-Hebert | January 12, 2016

Three Currency Predictions for 2016

Risk Management

Three Currency Predictions for 2016

Volatility will no longer be the "new normal" but just the norm; it will be the "year of the yuan"; and FP&A teams will be pressed for insights.

By Wolfgang Koester | December 21, 2015

Barclays Fined $150M Over ‘Last Look’ System

Risk & Compliance

Barclays Fined $150M Over ‘Last Look’ System

Barclays did not seek 'to distinguish toxic order flow from instances in which prices merely happened to move in favor of the customer,' said the NYFDS.

By Matthew Heller | November 19, 2015

Strong Dollar Plays Havoc with Multinationals’ Margins

Strong Dollar Plays Havoc with Multinationals’ Margins

Operating margins for U.S. companies with subsidiaries in Europe or Japan are getting whacked by foreign exchange this year.

By Thomas E. Conine Jr. | May 15, 2015

CFO Manages Around Commodities Price Volatility

CFO Manages Around Commodities Price Volatility

Ingredion's Jack Fortnum juggles customer contract models, pricing strategies, currency instability, and working capital controls.

By David McCann | April 17, 2015

U.S. Firms Still Lagging Behind in RMB Use

U.S. Firms Still Lagging Behind in RMB Use

More global competitors use the Chinese currency to settle cross-border trade, 17%, compared with 10% of U.S.-based firms.

By Matthew Heller | March 24, 2015

SAP Being Boosted by Weak Euro

Global Business

SAP Being Boosted by Weak Euro

The software giant does hedge its foreign cash flows, but the euro's drop could still give 2015 sales and earnings a double-digit percentage boost.

By Katie Kuehner-Hebert | March 20, 2015

BNY Mellon Settles Forex Pricing Allegations

BNY Mellon Settles Forex Pricing Allegations

The custody bank agrees to pay $714 million for overcharging pension funds and other customers on foreign exchange trades.

By Katie Kuehner-Hebert | March 20, 2015

Tough Times Ahead for Emerging Market Currencies

Risk Management

Tough Times Ahead for Emerging Market Currencies

Economists expect further drops in exchange rates, but say lower commodity prices could limit how far the currencies fall.

By Matthew Heller | January 8, 2015