"So these are the main factors that drive the price the move up higher due to the investor hedging their position against the dollar."

VOA: standard.2010.07.21

Given this, one would not want to have such a hedging position in place continuously but would want to have it in place when an event occurs.

FORBES: How To Play The Fiscal Cliff

But what about (a firm) like a Goldman Sachs which is hedging a futures position in commodities versus hedging a futures position in currencies?

FORBES: CFTC Position Limits Rule Divides Agency, Angers Market Participants

For a deal involving several complex steps, his all-in price would reflect the cost of hedging his own position.

ECONOMIST: Investment banks