European corporates hit by FX in final quarter of 2017

Currency losses at their highest for corporates in Europe since Q3 2015

euro beats dollar_Getty - web.jpg
Dollar down: last year, the euro strengthened by about 13% against the greenback, which hit European corporates

European companies experienced $6.79 billion in negative currency impacts in the fourth quarter of 2017 – the highest level recorded since 2015, indicating the foreign exchange market is still creating headwinds for corporations that are under-hedged.

The Fourth Quarter 2017 Currency Impact Report from FiREapps, a provider of corporate currency analytics and currency management solutions, shows negative FX impacts on companies based in Europe rose $2.52 billion over the previous quarter

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets 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: