Import and Export (EXIM) - Currency Hedging Guide
What is hedging in foreign exchange?By using a forex hedge properly, a trader who is long a foreign currency pair can be protected from downside risk, while the trader who is short a foreign currency pair can protect against upside risk.
GBPINR Intraday Outlook : 21.3.2017
GBPINR Intraday Outlook : 21.3.2017 NIFTY FUT TREND : SELL ZONE BANKNIFTY FUT TREND : SELL ZONE
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Sterling has rallied over the last day following the unexpected dissention in favour of hiking the repo rate by 25bp by MPC member Forbes at the BoE's March policy meeting, and hawkish twist on inflation risks in the minutes. The fact that Forbes will be stepping down in June was overlooked by markets. Sterling has been quite volatile lately, making regular appearances both at the bottom and at the top of the day's winners and losers tables. More of the same looks likely going into the Brexit negotiation phase. Cable logged a 16-day peak at 1.2377 in the wake of the BoE announcement, rallying from levels in the mid 1.22s. Not much of data is lined up for the day in the UK today.