Treasury Trends | 18th June

Watch the webinar: 18-06-2026 13:00 Europe/Copenhagen

The Weaponisation of Currencies:

FX Fragmentation and the Cost of Holding Liquidity

Geopolitical tensions are accelerating the fragmentation of global currency markets, with the rise of regional blocs, regulatory barriers, and reduced cross-border flexibility.

For treasurers, this creates new challenges. Liquidity is becoming more complex and costly to manage as FX volatility, limited convertibility, and the risk of trapped cash increase.

In this webinar, we explore how these shifts are reshaping hedging strategies and liquidity structures—and what organisations can do to stay in control in a more divided currency landscape.

This webinar will be held in English.

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We look forward to you joining us, 

Nordea Cash Management


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Meet the people

Richard Hayes

Chief Strategist, Nordea

Jana Poulsenova

Head of FX/MM Emerging Markets Solutions, Nordea