While gains may become harder to sustain as EUR/USD approaches the 1.20 area, UBS’s outlook suggests the path of least resistance still points higher in the first half of 2026, particularly in a ...

MUFG remains sceptical over the medium-term Pound outlook and expects further Bank of England (BoE) rate cuts, coupled with political stresses, will undermine the Pound over the medium term. It ...

Global investment banks (IBs) have forecasted that the won-to-dollar exchange rate will average around the 1,420 Korean won range over the next year. With this year’s annual average exchange rate ...

The Australian dollar surged to the highest level in years, making it one of the best performing currencies this year. What ...

The 2-year/10-year Bund spread closed the week at a positive 22.4 basis points, a change from 18.3 basis points last week. As a result, today’s simulation shows that the maximum probability of a ...

This paper addresses a key puzzle in international finance: whether exchange rates follow a random walk or exhibit predictable patterns. We demonstrate that exchange rates can possess a unit root ...