news archive

Was Carney too quick to cut?

Back in August, the MPC was quick to respond to the economic threats of Britain’s decision to leave the European Union by cutting interest rates, increasing QE by almost 20% (including an expansion into the corporate bond market) and launching […]

more >
Has Yellen Reignited the Long USD trade?

The US dollar rally which kicked off about 5 years ago amidst (still unresolved) fears surrounding the viability of the euro, and saw the USD index surge by about a third (see chart) by 2015, has stalled for the past […]

more >
What can we expect from Jackson Hole?

After two months of relative calm in the financial markets, with many traders citing ‘holiday season’ for the lack of volatility, this week sees central bankers meeting in Wyoming for their annual symposium at Jackson Hole. In the absence of […]

more >
Is the UK nearing a current account crisis?

Currently, the UK’s current account deficit is at its highest value since the 1940’s, at 6.9% of GDP, a level that is only comparable to underdeveloped countries such as Honduras, Colombia and Panama. This means that the UK relies on […]

more >
Carney’s First Move: Fundamentals vs Positioning

Mark Carney took the helm at the Bank of England over three years ago, and proceeded to do very little (in monetary policy terms) for 37 straight months; no changes in interest rates, no changes in the quantitative easing programme, […]

more >
Dollar slides as Fed maintain cautious stance

As widely expected, the Fed Chair, Janet Yellen, announced a vote of no change to monetary policy following last week’s FOMC meeting. Many of the headlines in the mainstream press suggested a relatively hawkish statement, drawing on the Yellen’s comment […]

more >
The Fed’s Vapid Desire to Hike Rates

The Federal Open Market Committee is discussing the rate decision this week. We do not expect the Fed to hike, and we discuss why some FOMC members are apprehensive of a rate hike. At the same time, we do not […]

more >
Brexit: A Catalyst, Not a Cause

In the post-Brexit soul-searching that has gone on over the past three weeks or so, there is no doubt that sterling has had a starring role to play.  For many, the pound’s dramatic fall is cited as proof that Brexit […]

more >

Like the presenters of the BBC’s Springwatch, the nation is sitting out in the proverbial cold eagerly awaiting signs of life in the political landscape.   At the end of last week Teresa May and Andrea Leadsom emerged as the Prime […]

more >
Updated Currency Forecasts

In this week’s report, we take a look at our updated forecasts for our four main currency pairs post Britain’s decision to leave the European Union and discuss the key factors that we expect to influence the currency markets in […]

more >

< 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 >


White Papers



FX Hedging:

10 Common Pitfalls


Commodity & FX Risk:

An Integrated Approach


The Corporate Use of Credit Derivatives:

Where Next?


Corporate Hedger’s Guide to Basel III


Currency Volatility – Are markets nearing an inflection point?



FX Risk


“Validus designed an innovative and practical hedging strategy to address our underlying FX risk in the context of very distinct and diverse sources of competition. We are delighted with the outcome and impressed with their on-going response to the changing business and market dynamics”.


Paul Stobbs, Managing Director, Attraction World


Private Equity


 “The Validus team understand how private equity thinks about financial risk management issues and they are rigorous in the way they help our portfolio companies to understand and mitigate their risks.”


James Markham, Partner – Portfolio Management, Graphite Capital LLP


FX and Commodity Risk


“Validus provides us with independent strategic advice relating to our long-term currency and commodity risk management program.  The people are extremely capable and collaborate very well with our finance and operations teams here at JD Irving.”


Mark Bettle, Director, J.D. Irving Ltd.


FX  Risk


 “Validus developed a tailored hedging solution to mitigate the risks from our unique combination of existing supplier agreements. The implementation and management of this rolling hedging programme with our FX service providers has been expertly and efficiently handled”.  


Mark Goldby, Finance Director, SMS Electronics Ltd.


Commodity Risk


“Validus worked with us to develop a comprehensive commodity risk management programme – their analysis was both insightful and actionable.   We particularly value their independence, and they continue to work alongside our internal team to ensure our commodity price risks are managed effectively”

Gerry Gray, Finance Director, Strix Ltd.


FX, Commodity & Interest Rate Risk


“Validus comes up with risk management solutions that are innovative and comprehensive but practical to implement, that is their strength compared to other consulting companies we have worked with in the past.  Validus provided valuable insights into how FX, interest rate and commodity risks impact our organisation, and provide actionable recommendations and solutions.”


Andrew Ayres, Finance Director, U-POL Ltd.

Recent Comments