JPY Takes Gold

KSW Global, a major West African cocoa producer, partnered with Pangea to manage currency volatility through tailored FX risk strategies and expanded credit access. This enabled KSW Global to secure cost-effective hedging positions, stabilize finances, and enhance profitability.

The US dollar, often expected to take the top podium in the ongoing competition of currencies, has found itself ousted by a recent underdog: Japan.

FX hedging utilizes financial instruments known as derivatives to manage the risk of currency fluctuations. Derivatives are contracts that allow the user to establish in advance the precise price they will pay for a currency transaction in the future.

The Canadian economy is closely linked to its neighbor to the South, and the Bank of Canada has kept interest rates nearly equal to those in the US. This has resulted in a recent period of low volatility in the USDCAD pair.