Is FX Hedges a Reactive Tool?

There's a ton of different applications for FX solutions I should say. You can use FX hedges right I mean, so there's the deal contingent hedges which you usually get from a bank. If it was the other way around you'd probably be happy with the fact that you don't have any hedging in place because you'd actually be making a currency gain as opposed to a currency loss rate. There's swings around abouts and that's why it shouldn't be used as a reactive tool but more is a long term preventative measure on your portfolio.