Hi all,
I have to repay a loan in USD, I get my salary in EUR and I live in Brazil so I spend money in BRL (Brazilian Real).
Finally, I will pay my taxes at the end of the year (they are not automatically detracted because I am an independent professional) in EUR.
How do you think I can best hedge (and possibly even gain) from this situation?
Thanks a lot for the help!
I have to repay a loan in USD, I get my salary in EUR and I live in Brazil so I spend money in BRL (Brazilian Real).
Finally, I will pay my taxes at the end of the year (they are not automatically detracted because I am an independent professional) in EUR.
How do you think I can best hedge (and possibly even gain) from this situation?
Thanks a lot for the help!