Currency Forecast

Robust economic data from Japan bolsters declines in USD/JPY. Uncertainty surrounds Donald Trump's tariff policy. 151 test looms after failed attack at 155. Get the AI-powered monthly updated list...

Should Russia and Ukraine ultimately reach a peace deal, the US dollar is probably due another moderate correction – but for now, markets are lacking tangible bearish USD drivers and we think the...

If Thursday was the 'Big Day' for US reciprocal tariffs, you wouldn't have known it by looking at the global equity rally or the slightly softer US dollar. The benign impact on markets of yesterday's...

European currencies received a lift late yesterday following an update from Donald Trump that he'd had productive discussions with Vladimir Putin about a ceasefire in Ukraine. The rally may have a...

The USD/JPY is rising due to increased US bond yields and inflation data. Higher-than-expected CPI has delayed Fed rate cut expectations. Upcoming data, like PPI, may push USD/JPY toward 155.00. Are...

GBP/USD is consolidating around 1.2447 on Wednesday as traders hold back, awaiting key UK economic data releases later this week. Key factors influencing GBP/USD Earlier this week, the British pound...

As we await the next tariff news from the Trump administration, it is noticeable that some European currencies are outperforming. The Scandies, in particular, and some parts of the Central and...

The combination of wider interest rate differentials and broadening US tariffs are providing continued support to the US dollar. We can't see that changing this week USD: More Tariffs Are...

The US dollar remains in corrective mode on the back of this week's tariff news and the drop in 10-year US yields. Tomorrow's US jobs data will have a big say in whether this correction needs to go...

USD/CAD looks ready for more downside after breaking key support—bears might be taking control. With Trump delaying tariffs, CAD bulls could see opportunities in EUR/CAD for a potential...

We observe that key China proxies like AUD have erased their risk premium on the back of a consensus view that Beijing will secure a deal with the US and prevent an escalation in trade tensions. We...

Trump’s initial tariff push jolted FX markets, with GBP/USD rebounding on hopes the UK avoids trade restrictions. Traders eye Thursday’s BoE meeting, where a likely rate cut could shape GBP/USD’s...

Markets are readjusting after Trump’s last-minute deals with Mexico and Canada which delayed tariffs by a month. From now on, markets may well handle tariff threats even more cautiously, but a new...

Trump's tariffs are pushing the U.S. dollar to new heights, shaking global currency markets. Escalating tensions and a stronger dollar could lead to inflation and economic disruptions. As tariffs...