Core Insights - The fluctuation of the US dollar as a global trade settlement currency directly impacts the profits of foreign trade enterprises, influenced by factors such as Federal Reserve monetary policy adjustments, global economic cycles, and geopolitical conflicts [1][2] Group 1: Factors Influencing Dollar Exchange Rate - The long-term trend of the dollar is fundamentally determined by the US economy and monetary policy direction, with GDP growth and employment data positively influencing dollar appreciation, while adverse conditions may lead to depreciation [3] - Global risk aversion and geopolitical risks also play a significant role, as funds tend to flow into the dollar during economic downturns or geopolitical tensions, leading to passive appreciation of the dollar [4] - Policies from major economies and trade patterns, such as the European Central Bank's interest rate decisions and the US trade deficit, can affect the relative value of the dollar [4] Group 2: Currency Risk Management Strategies - Locking in exchange rates is a core method for enterprises to hedge against currency risk, requiring a strategic approach that aligns with business operations and market trends [5] - Establishing a "data-driven" trend judgment system is essential, focusing on monitoring Federal Reserve policy signals, core economic data, and global capital flow data to make informed decisions on currency locking [6] - Matching business cycles with locking strategies is crucial, where short-term orders may utilize a combination of immediate and forward locking, while long-term orders should consider phased locking to mitigate timing risks [7] Group 3: Financial Tools and Business Strategies - Differentiated use of financial tools is necessary, such as purchasing foreign exchange put options for exporters during dollar depreciation expectations, and utilizing forward contracts for importers during dollar appreciation expectations [9] - Business-side risk hedging strategies include incorporating "exchange rate adjustment clauses" in contracts, optimizing settlement currency structures, and aligning foreign exchange inflows and outflows to reduce net exposure [10] - Real-time data and convenient operations are vital for effective currency management, with platforms like WorldFirst providing comprehensive support for businesses to manage exchange rate fluctuations and enhance capital turnover efficiency [11]