Get the latest insights related to foreign exchange (FX), also known as the currency market.
FX
An effective hedging strategy helped this company dodge FX losses during Covid-19
Newgen Distribution, a leading distributor of Fitbit and other connected technology brands in Northern Europe, decided to implement an FX hedging strategy in 2019 to control its currency risk. The move has paid off, allowing the company to avoid exchange rate losses of up to 10% during the Covid-19 pandemic.
Covid-19 was a wake-up call for this company to manage its currency risk
When Covid-19 hit, Finnish furniture company Pohjanmaan Kaluste Oy decided to start hedging its currency risk. The move has allowed the company to set currency worries aside and focus on running its thriving business in challenging times.
How an e-com pioneer grew to SEK 1 bn in turnover in just a few years
Mobile phone accessory maker Ideal of Sweden has been on a whirlwind growth journey, from a small garage operation to an e-commerce leader. Discover the company’s keys to success and how it is using Nordea’s AutoFX currency robot to make more time for what matters – its core business.
Great turnout and take-aways from virtual event – last call to apply for FFP internship!
Prior to the FFP application deadline (4th Nov.), students from all over Finland joined our virtual event to learn about our Future Finance Professional (FFP) programme. Get a re-cap from the event, and get tips & tricks to apply. Come join us!
Our FX APIs take care of the boring stuff so you don’t have to
Automating your daily FX tasks is no longer a luxury but a strategic necessity. With Nordea’s newest FX API covering post-trade reporting and accounting, the process is easier than ever.
Spreadsheets may have been your FX go-to when trading in the past but, as Nordea's Kristoffer Jansell explains, automation in tandem with digitalisation is changing the way we trade.