Submitted by franczesko13 t3_10l5y44 in wallstreetbets
Lmaoooooooooooo0o t1_j5ym94s wrote
Reply to comment by unbannednow in At least Google Shares Are Rising! by franczesko13
That's interesting to know lol. I can feel the 10% difference since 1€ is now $1.10 again.
Is there a name for this phenomenon?
unbannednow t1_j5yqmda wrote
It’s just called currency risk or foreign exchange risk. Some hedge funds and corporations try to hedge against it using futures. It can be in your favour sometimes though like last year when the Euro was falling
Viewing a single comment thread. View all comments