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| To Hedge Or Not To Hedge: For Currencies, That's Not The Only Question Many US-based investors seek the benefits of diversification through a portfolio of international equities. Leaving the foreign exchange exposures of such a portfolio unhedged, however, creates an embedded currency basket of long positions in foreign currencies coupled with a 100% short position in ...
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| Politics dominates as sterling hits eight-day high vs euro BNY Mellon currency strategist Neil Mellor said political risk was at the moment the driving factor across all major currencies. "That the market is being driven solely by political considerations is supported by the recent slide in euro/sterling," he said. "That move that is suggestive of the market's more ...
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