The MillTechFX European Corporate CFO FX Report 2024

The past 12 months have been a mixed picture for major currencies due to the combination of rising interest rates, high inflation, geopolitical uncertainty and the threat of recession. In our latest research we’ve been honing in on the FX behaviour of European Corporates, and identified the following key themes & challenges:

• FX is impacting corporates’ financial results
• Reliance on manual processing is proving costly
• Corporates have an FX transparency problem
• How are they adapting FX hedging to volatility
• There is a lack of counterparty diversification
• Automation is becoming key in 2024

 

Please refer to our Research Disclosure Page for more information on the data referred to in the above.