Should global risk conditions continue to deteriorate, we are likely to continue to selectively hedge exposures with currency ...

With foreign exchange (FX) risk, currency hedging, forward contracts and foreign versus domestic cashflows, the FX world can seem complicated for those not well versed in international payments. But, ...

This paper presents a rule for foreign exchange interventions (FXI), designed to preserve financial stability in floating exchange rate arrangements. The FXI rule addresses a market failure: the ...

Tariffs by themselves will not send the U.S. economy into recession, though they will hurt the economy by a small amount.