New! Podcast P24 💰 Currency Market – How to protect your BUSINESS from losses and PROFIT from exchange rates?
We are excited to announce the premiere of our latest podcast, in which we tackle a topic that keeps every cross-border e-commerce entrepreneur up at night – exchange rate risk.
What will you hear about?
The foreign exchange market (Forex) is the largest financial market in the world, with daily trading volumes exceeding 9 trillion dollars. This enormous scale and, above all, the volatility of the Forex market can eat into your company's margin or, with smart management, become a source of additional profit.
In this episode, our guest is Adam Fuchs from Currency One, a long-time analyst and experienced currency dealer. Adam dispels many doubts and explains:
- Why do most investors lose money on speculation?
- How economics, politics and emotions affect exchange rates.
- What is currency pair settlement?
- Why do services like Walutomat offer better rates than banks?
- How to effectively control emotions and avoid "panic rallies" during times of crisis (pandemic, war).
Does your company take exchange rate risk seriously and manage it actively? Hedging exchange rate risk should be standard in international business.
We invite you to listen to the full podcast and gain knowledge that will help you navigate the international market safely!