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Market Update

Brad Evans explains the “five cent” methodology to dealing with FX and why it is no longer effective in today’s current economic environment.

Webinar: The “Five Cent” Myth: breaking down a common approach to FX Volatility

Published March 21, 2019

Presented by Brad Evans, VP of EncoreFX

In this short webinar, Brad Evans explains the history and reasoning behind the “five cent” methodology to dealing with currency fluctuation, a practice that became commonplace for many businesses decades ago, and is still utilized today. The challenge with this approach is that for many reasons, it is no longer a suitable method for dealing with today’s market volatility.