08.07.2025
UBP Currency Views: Who wins when the USD loses?
The prospect of lower oil prices and possible Fed easing is benign for most G10 currencies.
Peter Kinsella
Global Head of Forex Strategy
Londres, Reino Unido
English
Peter joined UBP in 2018 and oversees the Bank's Forex and Currency strategy. He is a member of UBP’s Asset Allocation Committee and also sits on UBP’s Global Investment Committee.
Peter has nearly 20 years of foreign exchange and fixed income experience, with extensive derivative and structured product expertise. Previously, he was Head of Emerging Market Research at Commerzbank, where he managed an international team covering all of the key emerging market economies (Russia/CIS, EMEA, China and LatAm). He gained significant experience with advanced currency hedging and risk management techniques from his position as FX and Derivatives Trader at Pioneer Investments/Amundi.
Peter holds a bachelor’s degree in Economics from University College Dublin and two master’s degrees, one in Economics from the London School of Economics and one in Law & Economics from the University of Bologna (Italy).
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18.06.2025
Is the dollar losing its lustre?
Peter Kinsella, UBP’s Global Head of FX and Commodity Strategy, discussed the outlook for the USD with Andreas Koenig, Amundi’s Head of Currency Management.
11.06.2025
De-dollarisation: More heat than light
The US dollar has declined by more than 10% since President Trump took office, driven by policy uncertainty, lower growth expectations, and rising inflation concerns.
02.05.2025
Demand for gold continues to rise
Since early November 2024, the gold price has risen from USD 2,600 to highs of above USD 3,500 per ounce. The precious metal received additional support in early February when investors realised that Donald Trump was serious about his tariff programme.
26.03.2025
The Dollar and the Donald
Observers and investors were expecting the US dollar to go up in value. This was without counting on the new US administration’s erratic policymaking and announcements on tariffs. Where is it going next and what other factors are affecting the greenback?
19.03.2025
Europe: rewriting its future
The US–Europe relations prevailing since World War II are shifting.
27.02.2025
Silver: onwards and upwards
At UBP, we think that silver is set to rise substantially over the coming weeks and months, reflecting large global inventory shifts and an increasingly compelling valuation profile.
19.02.2025
New record for gold
Gold can continue to rise above levels of USD 3,000 per oz this year, as supported by several factors.
