Skip to main content
Posted by MillTech Team | 22 May 2026

The Corporate Hedging Monitor Q1 2026

Big Both Pages

Q1 2026 has presented businesses with challenges from multiple directions, from the Iran war to dollar swings reaching four-year lows. Yet our latest survey of 250 senior finance decision-makers across UK and US firms shows they are responding with stronger risk management strategies - increasing hedge ratios and extending hedge tenors to help reduce losses from unhedged FX exposure.

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

Firms are entering periods of volatility better prepared

Graphic showing hedge ratios reached 57%Graphic showing average FX losses fell below £1mGraphic showing hedge tenors extended to 6.62 months

Where geopolitical developments are still hitting FX hardest

Graphic showing 22% reported higher import costsGraphic showing 22% reported increased volatility in earnings/cash flowGraphic showing 18% reported increased hedging costs
Single Page Small

The Corporate Hedging Monitor Q1 2026

Q1 2026 survey reveals revised FX strategies are helping corporates reduce losses amid ongoing volatility.