The TRADE predictions series 2024: Foreign exchange, it’s all about swaps and forwards
The TRADE
DECEMBER 28, 2023
Likewise, rather than using long-dated FX forwards of up to a year or two, many fund managers chose to lock in rates of up to six months or less to add an extra layer of flexibility and nimbleness should the market move against them. Whether volatility will significantly increase again in 2024 is somewhat beside the point.
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