Feb, 25, 2026 By Vikram Murarka 0 comments


In the gym, lifting extra weight often leads to injury.
In FX, hedging exposure beyond what’s required leads to unnecessary risk.
Many hedging decisions fail not because markets surprise us, but because actions are taken too quickly or without structure. Chasing short-term moves, hedging too aggressively, or reacting to noise usually increases costs instead of reducing risk.
Good currency management is about restraint. Knowing when to act and when not to.
At Kshitij, our FX research is built to support measured decisions, focusing on timing, cost efficiency, and control rather than constant action.
Because in FX, doing more doesn’t mean doing better.
Doing what’s necessary does.
#FX #CurrencyRisk #HedgingStrategy #RiskManagement #Treasury #Markets
In our last report (29-Dec-25, UST10Yr 4.12%) we had said the US2Yr could fall to 3.00%. However, contrary to our expectation, the US2Yr has moved up. The US10Yr has also risen, much earlier than …. Read More
Having risen sharply in Jan-26 to $70.58, will Brent again rise past $70 and continue to rise in the coming months? Or is the rise over and the price can move back towards $60? … Read More
Euro unexpectedly reached 1.2083 in Jan-26 on Dollar sell-off but recovered quickly back to lower levels. Will it again attempt to rise targeting 1.24? Or will it remain below 1.20/21 now and see an eventual decline to 1.10/08? …. Read More
The 10Yr GOI (6.6472%) had risen to a high of 6.78% on 01-Feb. It has dipped a bit from there but has good Support at … 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 February ’26 Dollar Rupee Monthly Forecast is now available. To order a PAID copy, please click here and take a trial of our service.

