Currency Forecast

Risk aversion and yield compression drive capital into the franc Trump's tariff policies add fuel to the USD/CHF downside move Oversold, but momentum favours further weakness Rampant risk aversion...

Trump’s tariffs triggered a 3% drop in the dollar, shifting market focus from inflation to growth risks. With rising costs and slowing exports, confidence in the dollar’s global role is fading. As...

With no sign yet of a U-turn from Trump on tariffs, equity markets remain under heavy pressure. For FX, the flight to safety seeks those liquid currencies with large current account surpluses,...

Global equity markets - especially US equity markets - have been hit hard by President Trump's aggressive 'reciprocal' tariffs. Corporate America is suffering as Trump starts to rewire the global...

AUD underperforms on Liberation Day as risk sentiment dives. US hits China with additional 34% tariff, overshadowing Australia’s lighter treatment. EUR/AUD breaks out, eyes 1.7800; GBP/AUD nears...

The GBP/USD pair climbed to 1.3064 on Thursday, marking a 2.46% gain over the past four weeks and a 2.87% increase against the US Dollar over the last 12 months. The British pound continues to...

Yen surges on risk aversion, collapsing U.S.-Japan rate spreads China’s yuan weakens sharply, USD/CNH breaks key 7.30 level Markets eye Thursday’s PBOC fix for signs of potential yuan...

USD/CHF breaks below 0.8760, now seen as resistance Correlation with U.S. yield spreads near perfect in March quarter RSI and MACD favour further downside Key U.S. payrolls, ISM data could drive the...

The market focuses on "Liberation Day" while EUR/USD corrects from prior demand. White House tariff announcements have led to market uncertainty and caution. Higher PCE inflation could strengthen...

The US dollar started the week on the front foot thanks to some defensive positioning ahead of tomorrow’s tariff announcement. Barring data disappointment (JOLTS and ISM manufacturing), there is a...

EUR/USD remains tightly correlated with benchmark German bund yields, sitting at a near-perfect 0.95 correlation in March Traders use the euro to express views on European growth after Germany’s...

AUD under pressure as risk sentiment weakens ahead of April 2. GBP/AUD tests 2.0627 resistance, EUR/AUD eyes breakout extension. Momentum signals mixed, reinforcing the need for decisive price...

Yen tracking risk sentiment more than yield spreads. U.S.-Japan rate correlation may strengthen entering April. April 2 tariff announcement screens as a major volatility event. Key U.S. data this...

The US dollar has traded on the soft side ahead of Wednesday's 'liberation day', when universal tariffs are due to be announced by the US. We think some stabilisation in the data is needed for a...