empty
en
Support
Instant account opening
Trading Platform
Deposit/Withdraw

09.02.202217:33 Forex Analysis & Reviews: North American companies

Currency swing's negative impact got less severe on revenues of North American companies in Q3 2021 compared to the previous quarter and was as low as it had been since the first quarter of 2018, data released on Wednesday reads.

A collective forex hit, with companies in the US, Canada and Mexico included, made up $929 million in the third quarter of the last year, up from a negative impact of $2.32 billion in the second quarter of 2021.

According to Kyriba, a treasury and financial management company, the third quarter negative effect was the lowest since the first quarter of 2018.

The total negative impact as reported by North American and European companies reached $2.13 billion in the third quarter of 2021, which is also below the negative impact level in the second quarter of 2021.

S&P 500 index companies have been reporting their fourth-quarter 2021 results for the past few weeks.

Anastasia Miller,
Analytical expert of InstaSpot
© 2007-2025
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaSpot anyway.

We are sorry for any inconvenience caused by this message.