With weak economic data reported in Germany and the economic slowdown in China dragging the euro down lately, treasury teams are tackling budgets and determining strategy for the year ahead. For 2024, fundamental drivers such as economic growth, chance of recession and a re-focus on politics with the upcoming US election are set to have an impact on EURUSD. With such a complex macroeconomic landscape influencing the fate of the euro, how can treasurers effectively manage currency risk and protect their balance sheets as we move towards 2024?
Speakers
Thomas De Caluwé – FX Dealing Manager – Argentex BV
Thomas is Dealing Manager for Argentex B.V. and has over 7 years’ experience in the industry. He specialises in advising Dutch mid-to-large caps on effective currency risk management strategies, helping CFOs and Finance Directors navigate increasingly volatile markets. Having supported hundreds of businesses in the Netherlands throughout his career, Thomas recognises the common pitfalls clients face when managing foreign currency exposure. His mission is to streamline this often overlooked–but crucial–part of doing business globally.
Argentex Group plc (LON:AGFX) is a leading provider of bespoke currency risk management and payments solutions for businesses and financial institutions