How using a forward contract can protect your money
Hope isn't stategy when managing your exposure to currency risk. Be proactive by locking in a current rate for future payments using a forward contract.
Tom Vicary
Should I try and predict currency market movements?
Exchange rates are inherently unpredictable. So, don't try and second guess the markets by relying on potentially inaccurate forecasts.
Inside the currency markets: 5 factors that influence exchange rates
Understand the variables that influence exchange rates so you can make informed decisions when making international payments.