Photo: Bundles of U.S. $100 banknotes arranged at the Shinhan Bank headquarters, a unit of Shinhan Financial Group Co., in Seoul, South Korea, on September 14, 2022. Photographer: SeongJoon Cho/Bloomberg Bundles of U.S. $100 banknotes arranged at the Shinhan Bank headquarters, a unit of Shinhan Financial Group Co., in Seoul, South Korea, on September 14, 2022. Photographer: SeongJoon Cho/Bloomberg

Foreign-exchange volatility hammered North America's corporate profits to a record degree in the third quarter, though signs of relief are on the horizon.

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