Good morning. Foreign exchange (FX) management has become a top priority for many CFOs with global currency markets in flux.
In a note sent to clients, BofA Global Research said the FX market has been unusually calm in August—an uncommon occurrence, even during typically quiet “summer markets.” Analysts link this subdued volatility to stable rate differentials and a relatively steady U.S. dollar risk premium—factors BofA believes won’t last much longer, especially amid ongoing tariff uncertainty.
