MillTech Team

In the second instalment of our Navigating Currency Risk series, MillTech's Quant team explores how FX forward curves can create opportunities to improve hedging outcomes - &nbsp;drawing on EUR/CHF and EUR/AUD forward curve data from early 2026.
This paper covers:
<ul>
<li data-local-id="0a16f55bc597" data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">How to read the FX forward curve</li>
<li data-local-id="f301863334e6" data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">What CHF and AUD market examples reveal about tenor selection</li>
<li data-local-id="ceff20da9e17" data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">How monetary policy divergence reshapes forward curves and creates temporary dislocations</li>
<li data-local-id="d3b9a6fb729b" data-prosemirror-content-type="node" data-prosemirror-node-name="paragraph" data-prosemirror-node-block="true">How dynamic tenor management can improve hedging efficiency</li>
</ul>
Download the paper to discover how selecting the right hedge tenor can help reduce costs or enhance carry without introducing an active currency view.

Big Book  (1)

Small Book  

Insights Thumbnails

Explore how changing FX forward curves can create opportunities to improve hedging outcomes through tenor selection.

Navigating Currency Risk: Selecting the Optimal Tenor