FX rates

BNY Mellon Debuts ‘Universal’ Foreign Exchange Platform
BNY Mellon Debuts ‘Universal’ Foreign Exchange Platform
October 25, 2023  |  Banking

BNY Mellon has introduced a foreign exchange (FX) platform that lets clients execute transactions across portfolios. Universal FX, announced Wednesday (Oct. 25), follows the bank’s earlier debut of...

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Why ‘Micro-Multinationals’ Should Worry About FX Risk
Why ‘Micro-Multinationals’ Should Worry About FX Risk
November 06, 2018  |  Cross Border Commerce

Even the smallest firms today are peddling their wares on Amazon, entering new markets and navigating the waves of FX volatility that can swamp top...

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Lessons From Brexit: FX Risk and Managing Funds Overseas
Lessons From Brexit: FX Risk and Managing Funds Overseas
August 29, 2018  |  Risk Management

If there is a lesson for American businesses to learn from Brexit, it’s this: if a business has operations overseas, it needs to be attuned...

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NEW REPORT: How Businesses can Hedge Against FX Risk
NEW REPORT: How Businesses can Hedge Against FX Risk
August 29, 2018  |  Risk Management

A U.S. company holding money in euros is at constant risk of losing money: If the FX rate between the euros and the greenback falls,...

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In Brexit’s Wake, Monitoring Travel FX
In Brexit’s Wake, Monitoring Travel FX
August 09, 2016  |  B2B Payments

With the pound pressured against other currencies, not only are holidaygoers finding it imperative to map FX rates and see where money goes in bookings...

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