Educational Links

HOPE IS NOT A STRATEGY FOR MANAGING FX RISK
By Wolfgang Koester, FiREapps 
http://www.fei.org/eweb/dynamicpage.aspx?site=_fei&webcode=mag_detail&key=9549176c-449b-4632-acb7-c175bd3ecab4

UNCOVER THE VALUE DRIVERS OF YOUR HEDGING STRATEGIES
By Anders Aslund, Comerzbank AG
http://www.gtnews.com/article/6711.cfm

ACHIEVING FX EXPOSURE MANAGEMENT BEST PRACTICES
By Wolfgang Koester, FiREapps
http://www.gtnews.com/article/6675.cfm

TRADING WITH CHINA: FOREIGN EXCHANGE HEDGING STRATEGIES
By Daniel W. Galhardo, Travelex
http://www.gtnews.com/article/6661.cfm

HOW TO IMPROVE HEDGING RELATIONSHIPS
By Krishnan Iyengar, Reval
http://www.gtnews.com/article/6413.cfm


SEEYING BEYOND THE VOLATILITY OF IAS 39
By John Haines, Lloyds TBS Corporate Markets
http://www.gtnews.com/article/6645.cfm

FIRMS LOOK TO HEDGE AS DOLLAR WAVERS
By Dan Molinski, A Down Jones Newswires Colum
http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-12879262.htm

NEW CURRENTS IN CURRENCY
It's relatively simple to hedge foreign-currency risk - if you can figure out your exposure.
By Randy Myers, CFO Magazine
http://www.cfo.com/article.cfm/8191462/c_8341296?f=magazine_alsoinside

VIEWS FROM THE FRONT
Companies needn't gamble with global commerce, foreign exchange risk
Manufacturing Business Technologies
http://www.mbtmag.com/current_issues/2006/dec/views13.asp

STRATEGY EXECUTION: FINANCIAL DISCIPLINE ACROSS THE ENTERPRISE

A report prepared by CFO Research Services in collaboration with Deloitte
http://cfoenterprises.com/materials/deloitte_europe.pdf

IS THE STAGE SET FOR ASP ADOPTION?
The changing dynamics of the financial services industry and developments in technology could mean that the ASP model is finally ready to take off.
By James Gilbert
http://www.gtnews.com/article/6507.cfm

KEEPING TABS ON RISK
Software vendor FIREapps offers treasurers an on-demand tool for enterprisewide foreign exchange exposure analysis
By Dave Lindorff
http://www.treasuryandrisk.com/issues/2006_10/risk_management/575-1.html

CURRENCY RISK:
To Hedge or Hedge Not?
By Karen M. Kroll
http://www.businessfinancemag.com/magazine/archives/article.html?articleID=14667&pg=2

DRIVING WITHOUT BRAKES IS DANGEROUS
Posts can achieve significant savings in erratic economic times by using hedging strategies that are common business practices in similar industries.
By Wolfgang J. Koester
http://www.postalproject.com/documents.asp?grID=361&d_ID=2499

THE MANGEMENT OF FOREIGN EXCHANGE RISK
Impact of currency fluctuations on cash flows, on assets and liabilities, and on the real business of the firm
By Ian H. Giddy
http://pages.stern.nyu.edu/~igiddy/fxrisk.html

SIMPLY PUT:
Accounting-Rule Makers May Change How to Book Derivatives
http://www.rmahq.org

CASH FLOW HEDGING OF FUTURE FX SALES: BEST PRACTICES UNDER IAS 39
This article looks at the mechanics of hedge accounting for a common transactional need - future sales. It also discusses how to improve hedge effectiveness and achieve hedge accounting via regression analysis.
By Johann Kruger
http://www.gtnews.com/article/6348.cfm

WHY HEDGE FOREIGN CURRENCE RISK?
Significant changes in the international economic and political landscape have led to uncertainty regarding the direction of foreign exchange rates.
By John Nobile
http://ezinearticles.com/?Why-Hedge-Foreign-Currency-Risk?&id=33036

THE IMPACT OF FX ON CREDIT RATING
This article addresses FX hedging benefits from a credit rating and financing cost perspective, a concern mainly for companies with borderline investment grade credit rating and significant funding needs.
By Yanhua Liu
http://www.gtnews.com/article/6347.cfm

FOREIGN EXCHANGE HEDGING STRATEGIES AT GENERAL MOTORS:
Transactional and Translational Exposures

By Mihir A. Desai, Mark F. Veblen
http://harvardbusinessonline.hbsp.harvard.edu/b02/en/common/item_detail.jhtml?id=205095

HEDGING FOREIGN EXCHANGE EXPOSURE:
Risk Reduction from Transaction and Translation Hedging
By Niclas Hagelin, Brent Pramborg
http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-646X.2004.00099.x

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