news archive


Is it expensive to hedge using Options?

The past few months have seen political turmoil on several fronts causing sharp moves in currency markets.  Brexit in the UK drove the value of sterling to a 30 year low against the dollar, the election of Donald Trump in […]



more >
Is Trump right to cry foul on FX Manipulation?

“Germany…continues to exploit other countries in the EU as well as the US with an implicit Deutsche Mark that is grossly undervalued.” Peter Navarro Head of the National Trade Council, Trump Trade Advisor January 2017   “The euro exchange rate […]



more >
Is the Single Market overrated?

Over the last two weeks, Sterling has experienced its biggest rally against the dollar since 2008, rising 5.7% over the course of ten days, followed by a 1.3% fall to the current 1.2540 level. This appreciation was driven by the […]



more >
Is the tide beginning to turn for EUR/USD?

Over the past three months, our strongest conviction in the currency markets has been that the euro would remain under pressure going into 2017. The rationale was twofold:       1. Widening Interest Rate Differentials – ECB was widely […]



more >
China Currency Basket: Little Red Riding Hood, or the Big Bad Wolf?

China rung in the new year by adjusting the weightings in their currency basket, and adding an additional 11 currencies into the mix.  The numbers of currencies in the basket has risen from 13 to 24.  The biggest impacts from […]



more >
What can we expect from 2017?

As promised in last week’s report, this week we look ahead and discuss the major themes likely to impact currency markets for the year ahead. A new US President, a rapidly changing political landscape in Europe and diverging monetary policy […]



more >
A look back at 2016

Twelve months ago, the UK referendum on EU membership was a big focal point, but a date hadn’t even been called, the probability of a Trump presidency was so small that is was simply written off as a publicity stunt […]



more >
The Fed’s Christmas gift

Last Wednesday The US Federal Reserve raised interest rates by 25bp.  Considering this was priced into the market with 100% certainty, nobody was surprised by the move.  However, what did move markets was the hawkish tone from Fed chair Janet […]



more >
Draghi Does it Again

Demonstrating his great ability to reveal as little as possible about the ECB’s plans to the market (see our October article on this here), Draghi has done it again. We all know that quantitative easing can’t last forever and that […]



more >
The Euro: ‘Go up or Blow up’

“In Italian politics, no one ever wins” Italian Prime Minister Matteo Renzi December 5th, 2016   Yesterday’s voter rebellion in Italy, which has resulted in the immediate resignation of Prime Minister Matteo Renzi, confirms that the euro is caught between […]



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 >

 

White Papers


 

FX Hedging:

10 Common Pitfalls

Download> 

Commodity & FX Risk:

An Integrated Approach

Download> 

The Corporate Use of Credit Derivatives:

Where Next?

Download> 

Corporate Hedger’s Guide to Basel III

Download>

Currency Volatility – Are markets nearing an inflection point?

Download>

Testimonial

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

Testimonial

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

Testimonial

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.

Testimonial

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.

Testimonial

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.


Testimonial

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