Fine-tuning FX Forecasting Fine-tuning FX Forecasting (Video): Find out how FX forecasters use technical and fundamental analysis to predict future exchange rates. This video is a preview of FX Initiative’s FX Market Overview course as part of Learning Objective #4. To learn more, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com. Start FX Training July 11, 2023By FX Initiative FX Market Overview accounting, corprorate, CPE, currency, derivatives, development, education, events, examples, finance, forwards, fxcpe, fxinitiative, global, hedging, initiative, international, management, mulinational, options, organization, payments, paymetns, policy, profeesional, risk, trading, training, treasury 0 0 Comment
Summarizing FX Supply & Demand Summarizing FX Supply & Demand (Video): Explore how supply and demand factors influence foreign exchange (FX) rate fluctuations. This video is a preview of FX Initiative’s FX Market Overview course as part of Learning Objective #4. To learn more, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com. Start FX Training June 27, 2023By FX Initiative FX Market Overview accounting, business, cashflows, CPE, currency, derivatives, development, economics, education, events, examples, finance, forex, fxcpe, fxinitiative, global, group, hedging, initiative, international, management, payments, professional, risk, team, trading, training, treasury 0 0 Comment
Sharing Feedback & Suggestions (Survey) FX Initiative remains committed to continuously enhancing our foreign exchange (FX) risk management training. To complement both in-person meetings to online environments, we are working on improving our suite of FX topics and tools to better serve your currency risk management needs. We are listening closely to our audience of finance, accounting, and treasury professionals. Please take a moment to help us improve by sharing your feedback regarding what you like about our FX training and how we can do better. Take our short survey: https://www.fxcpe.com/feedback > May 30, 2023By FX Initiative General accounting, business, cashflows, CPE, currency, derivatives, development, economics, education, events, examples, exchange, finance, foreign, forex, fxcpe, fxinitiative, global, hedging, initaitive, international, learning, management, payments, professional, risk, training, treasury 0 0 Comment
Simplifying FX Spot Transactions Simplifying FX Spot Transactions (Video): Discover how FX spot transactions serve as the basis for all currency derivatives such as forwards, options, and option combinations. This video is a preview of FX Initiative’s FX Spot & Derivatives course as part of Learning Objective #1. To learn more, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com. Start FX Training May 23, 2023By FX Initiative FX Spot & Derivatives accoutning, business, cashflows, corporation, CPE, currency, development, earnings, economics, education, events, examples, finance, fxcpe, fxinitiative, hedging, initiative, international, learning, management, multinational, professional, risk, simulation, training, treasury, webinars 0 0 Comment
FX Pricing & Booking Best Practices FX Pricing & Booking Best Practices (Video): Explore how multinational corporations can retain and reduce FX risk by pricing and booking FX transactions strategically. This video is a preview of FX Initiative’s FX Risk Management course as part of Learning Objective #1. To learn more, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com. Start FX Training May 16, 2023By FX Initiative FX Risk Management, General accounting, business, cashflows, cpe, cross border, currency, development, economics, education, events, examples, finance, fxcpe, fxinitiative, gains, global, hedging, initiative, international, learning, losses, management, payments, professional, risk, trading, training, transactions, treasury 0 0 Comment
Time Zones & FX Trading Trends Time Zones & FX Trading Trends (Video): Discover how time zones impact global foreign exchange (FX) market trading, volume, and liquidity. This video is a preview of FX Initiative’s FX Market Overview course as part of Learning Objective #2. To learn more, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com. Start FX Training May 9, 2023By FX Initiative FX Market Overview accounting, business, cashflows, corporation, CPE, cross border, currency, development, economics, education, events, examples, finance, forex, fxcpe, fxinitiative, global, hedging, initiative, international, learning, management, multinational, payments, professional, risk, trading, training, treasury 0 0 Comment
Mastering FX Risk Management Webinar Program Overview FX Initiative cordially invites you to attend our webinar titled “Mastering Currency Risk Management”. Join us for a continuing professional education (CPE) program and earn CPE credit as we address the fundamental concepts of corporate foreign exchange (FX) risk management. This informational session will share best practices on how to identify, analyze, execute, and optimize a foreign exchange (FX) risk management program. Participants will learn how to assess a firm’s FX risk profile using a step-by-step analysis framework, the four approaches for managing FX risk, the impact FX risk has on the financial statements, and key terminology and takeaways for building a world class FX risk management program. Learning Objectives Discover how leading multinational corporations identify foreign exchange (FX) risk, including transaction, translation, and economic risk. Explore how to analyze FX risk management strategies, including balance sheet hedging, cash flow hedging, and net investment hedging. Identify key considerations when executing FX risk management plans, including the importance of strategy, policy and financial reporting. Recognize approaches to optimizing FX risk management plans by investing in personnel, resources, and operations to improve results. Who Should Attend? New and seasoned finance, accounting, treasury, and related professionals (CPA, CIA, CRMA, CFE, etc.) interested in international business. Register April 25, 2023By FX Initiative General, Webinar accounting, business, cashflows, corproation, corss-border, CPE, currency, derivatives, development, economics, education, events, examples, finance, fxcpe, fxinitiative, global, hedging, initiative, international, learning, management, multinational, payments, professional, risk, simulation, strategy, trading, training, transactions, treasury 0 0 Comment
White Label Web Applications FX Initiative's white label web applications are designed to help treasury professionals and FX sales teams with a wide variety of foreign exchange (FX) risk management challenges and opportunities. Whether you are creating a FX risk policy or analyzing economic and accounting scenarios, our risk models and strategy simulations share best practices in easily understandable formats. Examples include: FX Risk Policy FX Terms Glossary ISO Currency Codes Foreign Subsidiaries FX Revenues FX Expenses FX Receivables FX Payables FX Spot Transactions FX Forward Contracts FX Option Contracts FX Zero Cost Collars Our white label web applications are branded with the client's logo and embedded as an iframe into the client's website. An iframe is one of the most convenient HTML structures, and is an embedded window on the client’s web page that shows content hosted on FX Initiative’s servers. In 4 simple steps, our solutions can be deployed on the client's website quickly and easily with minimal technology resources. Learn More February 21, 2023By FX Initiative General, Partnerships accounting, business, cashflows, corporation, CPE, cross-border, currency, development, earnings, economics, education, events, examples, finance, fxcpe, fxinitiative, hedging, initiative, international, learning, management, multinational, professional, risk, trading, training, transactions, treasury 0 0 Comment
FX Risk Management Maturity Model Foreign exchange (FX) risk management involves identifying, analyzing, and prioritizing various foreign currency exposures, and developing and implementing a coordinated and systematic plan that utilizes company resources efficiently and effectively to mitigate FX risk. The degree to which companies implement adequate foreign exchange risk management practices can vary substantially, from not managing the risk at all to engaging in robust hedging activities, and as a result, the impact on the bottom line can vary widely across organizations. This FX Risk Management Maturity Model outlines the 5 stages of a comprehensive currency risk management program. The process involves performing a FX risk assessment, developing a FX risk management policy, and implementing progressive FX hedging strategies. 5 Stage FX Risk Management Maturity Model FX Risk Assessment: Exposure Identification & Measurement FX Risk Management Policy: Hedging Guidelines & Procedures Balance Sheet Hedging: Booked Receivables & Payables Cash Flow Hedging: Forecasted Revenues & Expenses Net Investment Hedging: Subsidiary Earnings & Equity The design and implementation of a FX risk management program must take into account the specific goals and objectives of the firm, the organizational structure and operations, the line of products and/or services, and any other variable that may be material and of relevance. For firms that are new to foreign exchange risk management, emphasis should be placed on progress over perfection. Initial risk management plans are never perfect, and should be viewed as a process that is responsive to change and capable of continuous enhancement. To learn more about FX risk assessments, policies, and hedging strategies, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com. Start FX Training January 24, 2023By FX Initiative FX Risk Management, General accounting, balance sheet, business, cashflows, collar, CPE, currency, derivative, development, earnings, economics, education, EPS, events, examples, fair value, finance, forward, fxcpe, fxinitiative, global, hedge, initiative, international, learning, management, net investment, option, payments, professional, risk, trading, training, treasury, webinars 0 0 Comment
Mapping Currencies Across Countries Mapping Currencies Across Countries: It is evident that no one single world currency exists. There are over 180 currencies recognized as legal tender in circulation throughout the world. The most widely used list of currencies is known as ISO 4217, which is a standard published by the International Organization for Standardization or the ISO. The ISO is an international standard-setting body composed of representatives from various national standards organizations, and the ISO 4217 currency codes shown in this interactive map are used in banking and business globally. While many of us are familiar with the “Major” currencies, which include the euro, British pound sterling, Australian dollar, New Zealand dollar, United States dollar, Canadian dollar, Swiss franc, and Japanese yen, there are so many more currencies to explore. This interactive map helps you explore the world through the lens of currency. All 180 currencies in circulation are mapped using geographic coordinates and ISO 4217 currency codes. Simply click on the dots on the map to reveal the ISO 4217 currency code, currency name, country. To learn more about conquering currency risk, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com. Start FX Training January 17, 2023By FX Initiative FX Market Overview, General accounting, business, CPE, currency, derivatives, development, economics, education, events, examples, exchange, finance, foreign, forex, fxcpe, fxinitiative, global, hedging, initiative, international, learning, management, payments, policy, professional, reporting, risk, simlations, strategy, tools, topics, training, treasury 0 0 Comment