Corporate Treasurers Counter Dollar Strength
This is a U.S. news story, published by Yahoo Finance, that relates primarily to Karl Schamotta news.
U.S. news
For more U.S. news, you can click here:
more U.S. newsKarl Schamotta news
For more Karl Schamotta news, you can click here:
more Karl Schamotta newsNews about forex trading & speculation
For more forex trading & speculation news, you can click here:
more forex trading & speculation newsYahoo Finance news
For more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about forex trading & speculation, you might also like this article about
stronger dollar environment. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest stronger dollar news, currency fluctuations news, news about forex trading & speculation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
further dollar strengthReuters
•Business
Business & Economics
Analysis-Surging dollar spurs jump in corporate FX hedging
80% Informative
The U.S. dollar index is about 7% above its September lows, hovering close to a two-year high.
Speculators have loaded up on bullish bets on the currency, driving up net long dollar position to as high as $35 billion .
Smaller and less FX -sophisticated companies face a bigger challenge from a buoyant buck.
An all-out trade war may jeopardize companies' ability to forecast business activity and put on effective hedges, analysts warned.
"For many businesses, their underlying cash flows are at risk here," said Karl Schamotta , chief market strategist with payments company Corpay in Toronto .
VR Score
91
Informative language
97
Neutral language
62
Article tone
semi-formal
Language
English
Language complexity
66
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links