Methods and apparatuses enable forecast currency risk management. A risk management system receives forecast or prospective transaction data denominated in a first currency. A value of forecast currency exposure is determined for the forecast data respective to a second currency. The system matches hedge data to the forecast currency exposure to determine a net prospective currency exposure, which may indicate under- or over-hedging. To compensate for the net prospective currency exposure, the system determines a hedge action. The net prospective currency exposure can then be revised based on the hedge action, and the hedge action and revised net prospective currency exposure can be reported.
