Originally Posted by
Andy
From the article: United also said that its only currency hedge going forward into 2015 is on the euro. It has hedged about 60 percent of its exposure at a rate of $1.22, Rainey said.
At least they hedged the EUR; it's been in freefall. Currently at 1.1367.
Yes, but it didn't say which way they hedged. They could be winning, or losing, on that bet as well.