Tempus, an exchange rate and global payments company, evaluated the current state of currency in their November Currency Outlook. Overall, the USD is poised to strengthen with a December rate hike. The market has now factored in a 92% likelihood of a rate hike. The Tempus traders completed their November Currency report just prior to the election, but the view is, regardless…
CONTINUE READINGexchange rates
Export 101: Understanding Exchange Rates
When conducting international business, it is important to take historical, current and forecasted exchange rates into account. It’s also very important to determine the specific currency in which a transaction will be priced. This decision will determine potential risks and rewards as exchange rates fluctuate. As an example, US Company A sells their Product for US$1,…
CONTINUE READINGForecasting Currency Fluctuations in Uncertain Times
In their October 2016 Currency Outlook report, Tempus, an exchange rate and global payments company, indicates that the globe is going through a period of readjustment as markets find direction in the midst of downside risks to overall economic growth and limits to the scope of intervention by central banks. The two-page report reviews recent currency changes and previews…
CONTINUE READING
