Research Guides: International Corporate Finance: Foreign Exchange Risk

Foreign Exchange Data

Multinational corporations may be subject to foreign exchange exposure, which refers to the sensitivity of a firm's cash flows to changes in exchange rates. Recent studies however, show that this exposure is usually moderated by the hedging of costs with revenue. Nonetheless, companies with significant international revenue carefully monitor foreign exchange rates. Use Reuters or Bloomberg for exchange rate data:

Bloomberg Professional
Hit the Currency Market Sector key (Yellow) and then hit GO; for the best and worst performing currencies relative to a selected currency type WCRS and hit GO. Bloomberg is available to Baruch students in the Subotnick Financial Services Center.

Current News on Forex Markets

Use these databases for news about the forex situation in a country or region:

FitchConnect
News and analysis of financial markets in over 70 countries. Includes coverage of exchange rate policy and reports on currency forecasts.
Factiva
To use Factiva choose a country and the subject "Foreign Exchange News" or "Money/Forex Markets". If necessary, limit your search to the Wall Street Journal or Dow Jones International News.
Bloomberg Professional
To use Bloomberg, hit the Currency Market Sector key (Yellow) and then hit GO. Available in the Subotnick Financial Services Center.
Business Source Complete
Business Source Complete contains both forex news and individual country reviews entitled "Trade and the Exchange Rate". Search with both country name and "Foreign Exchange".