Cambridge Mercantile Group

Cambridge Mercantile Group

April 24, 2012 08:00 ET

The Calm Before the Storm-Cambridge Mercantile to Hold Webinar On Reducing Risk for Foreign Exchange Currency

MONTREAL, QUEBEC--(Marketwire - April 24, 2012) - Cambridge Mercantile Group is holding a free webinar for businesses looking for information and strategies that strengthen their foreign exchange risk management policies and help protect their bottom line. The webinar will be held on May 3rd, 2012 at 2pm EST.

With the Bank of Canada's recent announcement that it would maintain the key overnight lending rate at 1% amidst volatile global economic conditions, many experts are predicting that Canada's interest rates will go up by the end of 2012. Faced with this looming economic uncertainty, there is a critical need for businesses to understand and assess not only the current domestic market conditions, but also have access to a well-informed currency forecast for foreign exchange investments.

According to Alex Beauchamp, Senior Trader at Cambridge, "Businesses can take advantage of this relatively steady moment in the financial markets to develop a customized hedging and risk management strategy that improves and protects their foreign exchange currency portfolio. We believe this may be the calm before the storm, and many of our clients believe the same. Our webinar gives businesses the information and essentials they need to develop smart policies that protect their interests."

For more details about this live event please visit: http://www.cambridgefx.com/196/default.aspx.

About Cambridge Mercantile Group

For almost two decades, Cambridge Mercantile Group has been earning the trust and respect of leading companies around the world by helping manage their foreign exchange and global payments. With offices strategically located across North America, the United Kingdom, and, in 2011, Australia, Cambridge facilitates the secure and prompt movement of billions of dollars annually for thousands of clients, across a variety of industries. Cambridge continues to cultivate innovation by introducing clients-centric products such as Cambridge Online and through the recent acquisition of E4X. For more information, visit www.cambridgefx.com.

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