European corporate FX losses highest since 2015 – report

Number of European firms reporting negative currency effects in third-quarter earning calls also rises

volatile
Big benefits: US corporates reap rewards of rising euro in third quarter of 2017

The resurgence of volatility in currency markets and strengthening of the euro has seen European corporates suffer the biggest negative currency impact since 2015, while their North American counterparts shaved more than $5 billion off foreign exchange-related losses in the third quarter of 2017.

The survey shows Q3 2017 saw the largest amount of collective negative currency effects on European companies since the same period in 2015, with $4.27 billion in negative impact due to FX, up $3.54 bi

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: