FX

Key Points Federal Reserve Rate Decision (December 10): The Federal Reserve rate decision is being closely assessed, with the consensus, including analysts at UOB, now anticipating a 25 basis point (bp) rate cut. Bank of England Rate Decision (December 18): Following the Budget announcement, the probability of a BoE rate cut has increased. Markets are

Key Points Bank of England Rate Decision (November 6): With some market participants pricing in a potential rate cut, the BoE’s decision will be the key driver for the GBP. Reuters said in a recent report that current pricing indicates a 40% chance of a 25 basis point cut. U.S. Government Shutdown & Data: The

September 2025 saw the US dollar primarily strengthen against its major peers, with the broader dollar index having gained ground so far (as of September 29), although it has retreated in today’s session due to worries of a US government shutdown.  The Federal Reserve’s recent rate cut in September, alongside comments from Chair Powell, has

Gold (XAUUSD) has recovered from a recent dip, finding support around $3,300 per ounce after a four-day losing streak. This rebound signals renewed buying interest at a key psychological level, reflecting gold’s continued appeal as a safe haven amid global uncertainties, with the USD firmly lower this year. The price of gold currently sits at

The Mexican Peso is trading lower against the U.S. Dollar today, reversing gains seen in the previous week as a confluence of global and domestic factors pressure the currency. The USD/MXN exchange rate currently sits at 18.80. This shift comes as the U.S. Dollar strengthened following the announcement of a trade agreement between the United States

The U.S. Dollar Index (DXY) is up mildly today, yet remains negative on almost all other near-term timeframes. Hovering around 97.35, cautious optimism surrounding potential trade resolutions between the United States and the European Union, balanced by ongoing concerns about global economic growth and political uncertainty in Japan has set the stage for a day

The U.S. Dollar Index (DXY) is up mildly today, yet remains negative on almost all other near-term timeframes. Hovering around 97.35, cautious optimism surrounding potential trade resolutions between the United States and the European Union, balanced by ongoing concerns about global economic growth and political uncertainty in Japan has set the stage for a day

June 2025 saw continued volatility in FX markets, with the US dollar weakening against most other major currencies (barring the JPY) amid uncertain US trade policy and heightened geopolitical concerns. President Trump’s “Liberation Day” tariffs were temporarily reinstated at the end of May, whilst a dramatic flare-up in tensions between Israel and Iran created significant

June 2025 saw continued volatility in FX markets, with the US dollar weakening against most other major currencies (barring the JPY) amid uncertain US trade policy and heightened geopolitical concerns. President Trump’s “Liberation Day” tariffs were temporarily reinstated at the end of May, whilst a dramatic flare-up in tensions between Israel and Iran created significant

The U.S. dollar is under intense pressure, hitting a three-year low as markets grapple with the increasing likelihood of aggressive interest rate cuts and the potential for political interference in the Federal Reserve’s independence. The Dollar Index (DXY), a measure of the dollar’s value against a basket of major currencies, is currently trading at 97.114,

The U.S. dollar is under intense pressure, hitting a three-year low as markets grapple with the increasing likelihood of aggressive interest rate cuts and the potential for political interference in the Federal Reserve’s independence. The Dollar Index (DXY), a measure of the dollar’s value against a basket of major currencies, is currently trading at 97.114,

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The USD/NGN exchange rate currently hovers around 1,555 naira per US dollar, with the USD having gained close to 5% against the Nigeria Naira over the past 12 months. The year-to-date performance reveals a 1.16% increase, indicating a general strengthening of the US dollar against the naira, albeit with significant peaks and troughs, including the

The USD/NGN exchange rate currently hovers around 1,555 naira per US dollar, with the USD having gained close to 5% against the Nigeria Naira over the past 12 months. The year-to-date performance reveals a 1.16% increase, indicating a general strengthening of the US dollar against the naira, albeit with significant peaks and troughs, including the

The GBP/INR exchange rate is currently perched at a significant juncture, trading at ₹116.311 as of June 5. This level represents a multi-month high and reflects a robust 8.2% gain for the British Pound against the Indian Rupee year-to-date. The pair has demonstrated a clear upward trajectory, advancing approximately 1% over the past week alone,

The GBP/INR exchange rate is currently perched at a significant juncture, trading at ₹116.311 as of June 5. This level represents a multi-month high and reflects a robust 8.2% gain for the British Pound against the Indian Rupee year-to-date. The pair has demonstrated a clear upward trajectory, advancing approximately 1% over the past week alone,

The Japanese Yen has recently experienced a notable resurgence against the US Dollar, a move propelled by a confluence of factors ranging from evolving Bank of Japan (BoJ) policy expectations to global risk sentiment. The USD/JPY exchange rate today has risen to 143.272, yet recent trends are undeniably bearish on USD. While the pair has

The Japanese Yen has recently experienced a notable resurgence against the US Dollar, a move propelled by a confluence of factors ranging from evolving Bank of Japan (BoJ) policy expectations to global risk sentiment. The USD/JPY exchange rate today has risen to 143.272, yet recent trends are undeniably bearish on USD. While the pair has