The myth of forecast accuracy

Send us a text🎙️In this week's episode of CurrencyCast, we look at why a high level of forecast accuracy is not as important as you think when it comes to your FX risk strategy. Agustin Mackinlay breaks down how an overreliance on forecast accuracy can be detrimental, and how to get around this typically essential priority when managing FX risk.  He’ll discuss:What hedging programs don’t require high forecast accuracy, including static and micro-hedging How to avoid being over or under hedgedHow to secure and defend a worst-case scenario budget rate How risk managers can mitigate forecast inaccuracy and gain time for their teamIt’s an FX masterclass, all in under 10 minutes. 💻 Watch on YouTube: https://youtu.be/UwoqeejJN8oElevate your FX risk management strategy now

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