Abstract
The aim of this paper is to analyze if the financial crisis has changed the use of hedging techniques. Forecasting is the process of estimation of unknown situations. Forecasting is use to estimate a risk. It can be exchange rates risks, economic exposure, translation exposure, etc. In this chapter I'll expose some forecasting techniques related to the exchange rate or transaction exposure. The technical forecasting involves the use of historical rate data and with this data, to predict the future exchange rate. This technique is very popular because of the ease of use. However, this technique can be criticized because the future exchange rate doesn't depend on the past but on the future events and information. But speculators use it in order to capitalize on the day-to-day exchange rates.
