In 2012, we expect individual EU countries to revert back to their own currencies and begin the difficult work of getting their respective economic houses in order.
The key to success in this new world of volatility is to become currency agnostic. By having a comprehensive, holistic understanding of your exposures you can make cost effective exposure and risk management decisions.
Being prepared for the new Euro is achievable in a short time frame and many companies are taking appropriate steps. Multinationals without a clear line of sight to their foreign exchange exposure will be in worse shape when the Euro restructures than companies with the wrong kinds of investments were in the 2008 credit crunch.
Achieving visibility to FX risk is hard—but with FX exposure analytics, practitioners can project earnings with confidence (even in uncertain times.