# UK firms rethink FX hedging as coronavirus and Brexit fog outlook

> UK firms are seeking more flexible ways to hedge foreign exchange exposure amid coronavirus uncertainty and the end-2020 Brexit deadline. Some options cost more upfront. The article describes corporate hedging behaviour.

- Date: 2020-07-14 · published 2020-07-14T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/52362-uk-firms-rethink-fx-hedging-as-coronavirus-and-brexit-fog-outlook
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Heavier hedging costs for UK buyers can modestly affect the cost of importing feed inputs, but the effect on commodity prices is small.

## Sources

- reuters.com: https://www.reuters.com/article/business/uk-firms-rethink-fx-hedging-as-coronavirus-and-brexit-fog-outlook-idUSKCN24F1GO/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.