Lots of FX swings these daysI sincerely hope that companies involved in cross boarder deals are hedging their contracts through FX forwards ! In the past I've seen profitable deals wiped out by failing to protect against currency exchange. And remember, bank traders (if you're talking to one) are always negotiable, no company should be losing 50 to 100 pips on a FX deal done directly with their financial institution if over $1 mill.