Try Claude
Currency ExchangeLive and historical exchange rates
AI Tools for Treasury Analysts
AI tools that help treasury analysts forecast cash positions, manage FX exposure, optimize short-term investments, and monitor debt covenants.
Get started for free
Works in Chat, Cowork and Code
EUR/USD
GBP/USD
FX exposure monitoring and hedging analysis
Pull live exchange rates and calculate the USD value of your open FX exposures across EUR, GBP, JPY, and CNY. Model forward hedging costs and determine which exposures are large enough to justify hedging this quarter.
Our open FX positions: €22M receivable in 60 days, £8.5M payable in 45 days, ¥1.2B payable in 90 days. Current rates: EUR 1.0820, GBP 1.2640, JPY 154.30. Calculate USD exposure and hedging cost for each.
EUR exposure: $23.8M (62-day forward at 1.0795 costs ~$54K in points). GBP exposure: $10.7M (45-day forward at 1.2615 costs ~$25K). JPY exposure: $7.8M (90-day forward at 154.85 costs ~$28K). Total unhedged exposure: $42.3M. Recommend hedging EUR and GBP in full; JPY hedge cost-benefit is marginal below 5% move threshold.
ToolRouter get_rates
CurrencyExposureUsd value
EUR/USD€22M receivable$23.8M
GBP/USD£8.5M payable$10.7M
USD/JPY¥1.2B payable$7.8M
Total unhedged exposure: $42.3M · Rec: hedge EUR + GBP in full
ToolRouter calculate_hedge
Forward Rate (EUR/USD)
Short-term investment portfolio optimization
Optimize the yield on your idle cash balances while maintaining the liquidity needed for upcoming payables. Compare T-bills, money market funds, commercial paper, and CDs across a 30-to-90-day investment horizon.
We have $75M in idle cash. Next major outflow is $30M in 45 days and $20M in 75 days. Our policy requires AA or above credit quality. Optimize the allocation for yield while maintaining liquidity.
Recommended ladder: $30M in 6-week T-bills at 5.28% (matures before 45-day outflow), $20M in 10-week T-bills at 5.19% (covers 75-day outflow), $15M in money market fund at 5.10% (daily liquidity buffer), $10M in A1-rated commercial paper at 5.35% (highest yield, 60-day maturity). Blended yield: 5.22%. All instruments meet AA+ policy requirement.
ToolRouter get_rates
InstrumentAmountRate
6-Week T-Bills$30M5.28%
10-Week T-Bills$20M5.19%
Money Market Fund$15M5.10%
A1 Commercial Paper$10M5.35%
Blended yield: 5.22% · All AA+ or better
ToolRouter calculate_yield
Yield (%)
Debt portfolio management and refinancing analysis
Monitor your company's debt maturity schedule, analyze the cost of refinancing floating-rate debt to fixed, and track debt covenant compliance using current financial metrics.
We have $200M in floating-rate debt at SOFR+200bp (currently 7.3% all-in). Our CFO wants to know: should we swap $100M to fixed at 5.75% for 5 years? What does the FOMC calendar look like?
At current rate: $100M floating costs $7.3M/year. Fixed swap at 5.75%: $5.75M/year — saves $1.55M annually. Breakeven: if floating rates fall below 5.75%, the swap costs money. Markets price 3 cuts (75bp total) over 12 months, which would bring floating to ~6.55% — still above swap rate. NPV of swap over 5 years at current forwards: positive $4.1M. Next FOMC: May 6-7. Recommend executing the swap before the meeting.
ToolRouter search_events
Apr 9
CPI Inflation Report
Apr 16
Fed Beige Book Release
May 6–7
FOMC Meeting — Rate Decision
May 15
Core PCE Inflation Data
Jun 17–18
FOMC Meeting — Rate Decision
Yield curve and interest rate monitoring
Track the shape of the US Treasury yield curve, monitor Fed policy signals, and translate rate movements into implications for your debt structure and investment strategy.
Pull the full US Treasury yield curve today and compare it to 3 months ago. Is the curve still inverted? What does the latest FOMC statement say about rate trajectory?
Current curve: 3-month 5.31%, 2-year 4.62%, 5-year 4.41%, 10-year 4.38%. Inversion: 3M-10Y still inverted by -93bp (slightly less than 3 months ago at -108bp). The curve is dis-inverting — typically signals markets are beginning to price in rate cuts. FOMC statement (March): "holding restrictive for as long as appropriate." Implied: no cuts until June at earliest. Implication for treasury: extend investment maturities beyond 90 days to lock in higher yields before cuts begin.
ToolRouter get_rates
Today
3 Months Ago
ToolRouter search_events
Apr 16
Fed Beige Book Release
May 6–7
FOMC Meeting — Rate Decision
May 15
Core PCE Inflation Data
Jun 17–18
FOMC Meeting — Rate Decision
Working capital and liquidity analysis
Calculate days sales outstanding, days payable outstanding, and cash conversion cycle. Model the cash impact of payment term renegotiations and identify opportunities to release working capital without impacting supplier relationships.
Our AR is $42M on $380M annual revenue. AP is $31M on $260M in annual purchases. Calculate DSO, DPO, and cash conversion cycle. If we extend DPO from 43 to 55 days, how much cash is released?
Current DSO: 40.4 days (AR $42M / daily revenue $1.04M). Current DPO: 43.5 days (AP $31M / daily purchases $712K). Cash conversion cycle: DSO - DPO = -3.1 days (you collect faster than you pay — a good position). Extending DPO from 43.5 to 55 days: releases $8.2M in cash ($712K × 11.5 days). Risk: check supplier contract terms first — early payment discounts may exceed the float value.
ToolRouter calculate_metrics
Days Sales Outstanding (DSO)
40.4 days
Days Payable Outstanding (DPO)
43.5 days
Cash Conversion Cycle (CCC)
-3.1 days (collect before paying)
Cash Released (DPO → 55 days)
+$8.2M released
Supplier Risk
Check early payment discount terms first
Ready-to-use prompts
FX exposure and hedge cost calculation
Calculate the USD value of these FX exposures and the 60-day forward hedging cost for each: €18M receivable (EUR/USD 1.0820), ¥800M payable (USD/JPY 154.30), £6M payable (GBP/USD 1.2640). Which exposures exceed my 2% move threshold for mandatory hedging?
Short-term cash investment ladder
We have $50M idle cash with outflows of $15M in 30 days, $20M in 60 days, and $10M in 90 days. Build an investment ladder using T-bills, money market funds, and A1-rated commercial paper. Policy: AA minimum, no single issuer above 20%. Maximize yield.
Floating-to-fixed swap analysis
Model an interest rate swap: convert $80M of floating debt (SOFR+225bp, currently 7.5% all-in) to a 3-year fixed rate of 5.65%. Calculate: annual interest savings at current rates, breakeven floating rate, and NPV at current market rate forwards. Also show impact if rates fall 150bp in year 1.
US yield curve snapshot
Pull current Treasury yields for the full yield curve: 1-month, 3-month, 6-month, 1-year, 2-year, 3-year, 5-year, 7-year, 10-year, 20-year, and 30-year. Flag any inversions and compare the 2Y-10Y spread to the 3M-10Y spread.
FOMC and Treasury auction calendar
Show all FOMC meetings, Fed chair press conferences, and US Treasury auction dates (3-month, 6-month, 2-year, 5-year, 10-year, 30-year) scheduled for the next 90 days. I use this to time our T-bill purchases.
Working capital cash conversion cycle
Calculate cash conversion cycle: accounts receivable $58M on $520M annual revenue, accounts payable $44M on $350M annual purchases, inventory $28M at $290M COGS. Show DSO, DPO, DIO, and CCC. What happens to cash if we reduce DSO by 5 days?
Debt maturity schedule risk
Our debt schedule: $50M bond at 4.25% matures in 8 months, $75M revolver (SOFR+175bp) matures in 14 months, $120M term loan at fixed 3.8% matures in 3 years. Current all-in refinancing rates: bonds ~6.5%, revolver ~7.0%. Calculate the annual interest cost increase if we refinance all three today vs waiting 12 months.
Intercompany loan FX analysis
Our US parent lent €40M to a German subsidiary at 5% for 2 years. EUR/USD at origination was 1.12, current rate is 1.08. Calculate the realized FX loss on the principal so far and the remaining FX exposure at maturity.
Tools to power your best work
Deep ResearchAI research reports with citations
Finance DataMarkets, rates, commodities & macro
Economic CalendarEarnings, IPOs, FOMC & events
Financial CalculatorDCF, bonds, options & portfolios
165+ tools.
One conversation.
Everything treasury analysts need from AI, connected to the assistant you already use. No extra apps, no switching tabs.
Monthly cash and FX position review
At month end, refresh all FX exposures, re-optimize the short-term investment portfolio, and prepare the treasury dashboard for the CFO.
Quarterly debt and interest rate strategy review
Each quarter, review the debt maturity schedule, assess whether to swap floating to fixed, and brief the CFO on rate outlook.
3
Financial CalculatorModel swap and refinancing scenarios for any debt maturing in the next 18 months
Annual hedging program design
Design the annual FX hedging program: identify all material currency exposures, calculate hedge ratios, and select instruments for each currency pair.
2Financial CalculatorCalculate hedge ratios and cost for forward contracts, collars, and options on each pair
Frequently Asked Questions
How do I decide which FX exposures to hedge and which to leave open?
A common threshold: hedge exposures where a 2% adverse move would cost more than the forward hedging fee. For most corporates this means hedging exposures above $2–5M for major currency pairs. Also consider: certainty of the cash flow (forecast vs. contracted), accounting treatment (cash flow hedge vs. fair value hedge), and whether your competitors hedge similarly.
What is the difference between T-bills and money market funds for short-term cash?
T-bills are direct US government obligations — no credit risk, fixed maturity, and you receive the full face value at maturity. Money market funds (government MMFs) hold a portfolio of T-bills and agency securities, offer daily liquidity, but technically have $1 NAV risk during extreme stress events (though this is rare). For amounts above $250K, T-bills are often preferred since FDIC insurance does not apply to large cash balances at banks.
When is an interest rate swap preferable to refinancing to fixed-rate debt?
A swap is preferred when you want to convert existing floating debt to effective fixed-rate without redoing the underlying loan (avoids prepayment penalties, maintains banking relationship, cheaper execution). Refinancing is preferred when you want to change the maturity, principal, or lender along with the rate, or when the credit spread on the existing loan is disadvantageously high.
What does an inverted yield curve mean for a treasury function?
An inverted yield curve (short rates above long rates) means you can earn more yield on 3-month T-bills than on 5-year bonds. For treasury, this is an opportunity: invest idle cash in 3-to-6-month instruments at near-peak yields rather than locking up long. It also signals potential rate cuts ahead — which is relevant if your company has floating-rate debt that could become cheaper, or if you are considering term financing that may get cheaper to refinance in 12–18 months.
How do I optimize the cash conversion cycle?
Three levers: reduce DSO (offer early payment discounts, tighten credit terms, improve AR collections), extend DPO (negotiate longer payment terms with suppliers, use supply chain financing), and reduce DIO (for manufacturing companies: lean inventory, just-in-time procurement). A 5-day improvement in DSO on $500M annual revenue releases roughly $6.8M in cash.
Give your AI superpowers.
Get started for free
Works in Chat, Cowork and Code