No Surprises
The Official FiREapps Blog
Is Competitive Devaluation Beggar-Thy-Neighbor or Enrich-Thy-Neighbor? For Corporates, it Doesn’t Much Matter
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Wednesday, May 15th, 2013 at 4:21 pm |
Barry Eichengreen, a well-regarded economist and frequent commentator on global currency issues, published a report in January joining the conversation about whether bond buying and other expansionary monetary tools are “beggar-thy-neighbor” if they’re designed with the intention of stimulating domestic … more..
FiREapps Currency War Battlefield Report: Sweden, New Zealand, Australia, & Norway Join the Fray
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Tuesday, May 14th, 2013 at 10:00 am |
Currency wars are back in the news after the central banks of several countries entered the fray last week. Currency war battles in the Asia-Pacific Many of the most recent currency war battles have been precipitated by Japan’s continuing aggressive … more..
The Management of Hubbell Incorporated’s Global FX Exposure – Case Study Published by gtnews
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Tuesday, May 7th, 2013 at 3:19 pm |
Last week gtnews published a great article by Howard Wardlow, Director of Finance and Treasury at Hubbell. Titled “Case Study: The Management of Hubbell Incorporated’s Global FX Exposure” the article articulates the challenges that Hubbell faced as it rapidly expanded … more..
Companies Reporting Significant Negative Impacts from Venezuelan Bolivar
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Tuesday, May 7th, 2013 at 8:35 am |
It’s earnings season again, and as we predicted in February (see Another Shot in the Currency War: Venezuela Announces 32% Devaluation), the Venezuelan bolivar is at the top of the list of most impactful (and surprising) currencies for many corporates, … more..
FX Managers: Larger than 1-cent EPS Currency Impact Unacceptable
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Tuesday, April 16th, 2013 at 4:33 pm |
Are you a treasurer or FX manager? Do you have a management objective tied to FX gain/loss? If you do, you’re in good company. If you don’t, your peers do – and they’re better for it. Among the 37 FX … more..
5 Things You Need to Know About Cyprus & Euro Volatility
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Monday, April 1st, 2013 at 9:19 am |
Since FiREapps published The Perfect Currency Storm whitepaper last fall, the situation in the eurozone hasn’t improved, it just fell out of the headlines. Now it’s back. And once again, many multinational corporations have been surprised by the currency storm’s … more..
FiREapps 2012Q4 Corporate Earnings Currency Impact Report – Recap
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Tuesday, March 19th, 2013 at 6:47 am |
In 2012, U.S.-based multinational corporations lost $50 billion in revenue because of unmitigated currency volatility. As part of FiREapps’ ongoing effort to provide insight into how currency affects corporations, we have analyzed the earnings calls of a subset of the … more..
FiREapps Battlefield Report: Why Do Countries Engage in Currency Warfare?
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Monday, March 4th, 2013 at 2:32 pm |
I had great feedback on the currency wars battlefield report I posted on February 22 (FiREapps Battlefield Report: 3 Things You Need to Know About the Currency War) so I decided to keep with the theme in this latest blog … more..
FiREapps Battlefield Report: 3 Things You Need to Know About the Currency War
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Friday, February 22nd, 2013 at 11:08 am |
Currency wars have been in the news quite a bit lately. As is usually the case, there’s a lot of speculation and hyperbole. So I’d like to take the opportunity here to explain three things that any company doing business … more..
Another Shot in the Currency War: Venezuela Announces 32% Devaluation
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Wednesday, February 13th, 2013 at 10:02 am |
On Friday, February 8, Venezuela’s finance minister announced that the government would be weakening the exchange rate by 32 percent today, February 13. The devaluation of the bolivar from 4.3 to 6.3 to the dollar should bolster Venezuela’s oil exports … more..
