Feb, 27, 2026 By Vikram Murarka 0 comments


In fitness, shortcuts and bad advice often do more harm than good.
In FX, the same applies.
Blindly hedging, over-structuring, or forcing strategies without understanding cash flows creates risk instead of reducing it.
Natural hedges, timing, and structure matter.
Imports and exports don’t need aggressive action just because action is available.
Good currency management is about saying no to the wrong ideas, even when they sound confident or urgent.
Because avoiding bad decisions is often more valuable than chasing smart ones.
#FX #CurrencyRisk #RiskManagement #Hedging #Treasury #Markets
In our last report (29-Jun-26, UST10Y 4.39%) we had followed the fall in Crude to $73 to change our US10Yr forecast from a rise to 5.10% by Sep-26 to a slight dip to 4.30% by Sep-26; and instead of the earlier forecast of a rise to 5.4% by Jan-27, the changed forecast projected …. Read More
In our July 2026 report (6-Jul-26, Brent @ $71.94), we had expected Brent to test $64 before consolidating within the $64-90 range till Mar-27. Thereafter, the prices were expected to slowly rise back to … Read More
In our July 2026 report (10-Jul-26, EURUSD 1.1442), we expected the Euro to rise from support at 1.13 to 1.16 by Aug-26 before resuming its broader downtrend towards 1.12 by Oct-26 and 1.0950 by Jun-27. In line with this, the Euro tested 1.1547 in July-26 and 1.1581 in Aug-26, the recent rise triggered by weakness in …. Read More
Our last report on 13-Jul-26 report (10Yr GOI 6.74%) stood on a foundation of uncertainty regarding what happens in the Strait of Hormuz. We assumed that Crude would remains below $90, and hence we projected … Read More
In our 10-Dec-25 report (USDJPY 156.70), we expected the USDJPY to trade within 154-158 region till Jan’26 before eventually rising in the long run. In line with our view, the pair limited the downside to … Read More
Our August ’26 Dollar Rupee Monthly Forecast is now available. To order a PAID copy, please click here and take a trial of our service.

