ETFs offer diversification, but a standard ETF that invests in foreign markets won’t do a thing to protect you against currency fluctuations. Currency-hedged ETFs protect you against exchange…

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If you want to avoid all currency profits or losses you must follow a strict hedging strategy and stick to it. … The risk is that you may…

Private trader

How do you hedge foreign currency exposure? Companies that have exposure to foreign markets can often hedge their risk with currency swap forward contracts. Many funds and ETFs…

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When trading futures or options, investors are effectively taxed at the maximum long-term capital gains rate, or 20% (on 60% of the gains or losses) and the maximum…

Private trader

The tax rate on a foreign currency trade depends on the type of exchange contract you have executed. Ordinary exchange contracts are taxed at the ordinary capital gains…

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Where can I exchange currency for free? The exchange rate at your local bank is usually better than using a currency exchange provider at the airport. Many banks…

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Visit a Westpac branch to sell your foreign cash back to us at the rate applicable at the time you wish to sell it. An $8 fee is…

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What is a Currency Exchange? A currency exchange is a business that has the legal right to exchange one currency for another to its customers. Currency exchange of…

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If they have long term borrowing in a foreign currency then it will form part of their cost of capital. The interest payable will fluctuate depending on the…

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A forex hedge is a transaction implemented to protect an existing or anticipated position from an unwanted move in exchange rates. … Alternatively, a trader or investor who…

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