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 ...

Commerzbank is backing only one Bank of England (BoE) rate cut this year which will help protect the Pound and is forecasting GBP/EUR gains to 1.1630 by the first quarter of 2027. According to ...

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 ...

A survey found that one out of every two domestic economists predicts the Korean economy will struggle to escape its low growth trend in the 1% range for the time being. They also forecast that the ...

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 ...