Essays about: "FX Risk"

Showing result 16 - 20 of 21 essays containing the words FX Risk.

  1. 16. Foreign Currency Derivatives and Their Impact on Firm Value - A study on Swedish Non-Financial Firms

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Lejla Garibovic; [2015]
    Keywords : Risk management; firm value; Tobin’s Q; currency derivatives; foreign exchange derivatives; FX risk; FCD; Business and Economics;

    Abstract : This paper empirically examines the relationship between firm value and the usage of currency derivatives for 85 non-financial Swedish firms listed on Stockholm Stock Exchange. The sample includes firms operating in a wide range of industries and with different sizes. The time period for the data is from 2005 to 2010. READ MORE

  3. 17. The relationship between carry trade currencies and equity markets, during the 2003-2012 time period

    University essay from Företagsekonomi

    Author : Andrei Dumitrescu; Antti Tuovila; [2013]
    Keywords : carry trade; correlation; currency; equity indexes; financial crisis; foreign exchange; risk premia; uncovered interest parity; volatility; S P 500; FTSE All-World; VIX;

    Abstract : One of the most popular investment and trading strategies over the last decade, has been the currency carry trade, which allows traders and investors to buy high-yielding currencies in the Foreign Exchange spot market by borrowing, low or zero interest rate currencies in the form of pairs, such as the Australian Dollar/Japanese Yen (AUD/JPY), with the purpose of investing the proceeds afterwards into fixed-income securities.To be able to determine the causality between the returns of equity markets and the foreign exchange market, we choose to observe the sensitivity and influence of two equity indexes on several pairs involved in carry trading. READ MORE

  4. 18. Pricing Inflation Derivatives : A survey of short rate- and market models

    University essay from KTH/Matematisk statistik

    Author : Damr Tewolde Berhan; [2012]
    Keywords : ;

    Abstract : This thesis presents an overview of strategies for pricing inflation derivatives. The paper is structured as follows. Firstly, the basic definitions and concepts such as nominal-, real- and inflation rates are introduced. READ MORE

  5. 19. Currency Trading in the FX market : Will spectral analysis improve technical forecasting?

    University essay from IHH, Redovisning och finansiering; IHH, Företagsekonomi

    Author : Gustaf Haag; Jessica Häggman; Jacob Mattsson; [2010]
    Keywords : Technical analysis; foreign exchange market; spectral analysis; Fourier transform; Teknisk analys; valutamarknad; spektralanalys; Fourier transform;

    Abstract : Background: The efficient market hypothesis asserts that one cannot consistently achieve returns in excess of market returns by trading on publicly available information. Since there is no collective market return in the foreign exchange (FX) market, it has generally been perceived as impossible to consistently generate a profit. READ MORE

  6. 20. The Determinants of Hedging with Currency Derivatives : A quantitative study on the Swedish OMX Exchange

    University essay from Umeå universitet/Företagsekonomi

    Author : Erik Säterborg; [2010]
    Keywords : hedging; derivatives; currency risk; exposure; fx; financial risk;

    Abstract : Most firms are actively assessing the financial risks exposure and do determine a policy for the hedging activities. It is not solely the risk aversive attitude from the managers that need to be overlooked, but to provide sufficient information to the shareholder is desirable for minimizing the gap of information asymmetry, which is by itself considered a tool for value creation (Bergstrand et al. READ MORE