A foreign exchange hedge (also called a FOREX hedge) is a method used by companies to eliminate or hedge their foreign exchange risk resulting from transactions in foreign currencies (see foreign exchange derivative). This is done using either the cash flow hedge or the fair value method.
Sleeping on your face puts the top cat at the highest point on the bed, the primo location for keeping watch over everyone. Your more submissive kitty will probably sleep at the foot of the bed or in her own kitty bed in the corner of the room.
My cat has a spot on his back that is at times very hot to the touch, and he has licked most of the hair off the spot but he doesn't have any open wounds and his skin is not red. He doesn't scratch it and he meows when people touch it.