Peter Kinsella
Head of Investment Services UK
Forex
You want to keep track of currency movements. We have the know-how to help with your forex strategy.
In the global forex market, keeping abreast of technical changes and fundamental movements as well as anticipating potential geopolitical events can be very time-consuming. UBP has the expertise to help you develop and execute a personalised forex strategy and to make it an integral part of your broader asset allocation.
Forex Focus podcast series
Listen to our Forex Focus podcast series to learn or stay informed about the global foreign exchange market. Once a month, our expert Peter Kinsella analyses the latest forex news with influential financial experts. Plug in your headphones and listen!
Foreign exchange is sometimes an overlooked part of portfolio asset allocation, both as a stand-alone, return-focused asset class and as a risk management tool for global investors.
UBP forex specialists use a wide variety of qualitative and quantitative methodologies to analyse the markets, formulate views and come up with investment ideas on G10 currencies, emerging market currencies and precious metals.
Timely analyses and in-depth expertise
The integrated structure of UBP allows us to anticipate and to take advantage of both short-term forex market movements and long-term inflection points in key currency pairs and precious metals.
UBP’s forex specialists have an average of 15 years of experience and a depth of expertise across a range of forex capabilities, including forecasting, hedging, forex and intermediate loans, as well as longer-term trading ideas.
Our trading ideas and market analyses are designed to keep track of market opportunities, and come with a transparent risk/reward analysis, allowing you to manage your portfolio optimally.
Extensive coverage
UBP covers trade and settlement services in over 160 currency pairs in the spot and forward market. We also cover trade and settlement services for both vanilla and exotic products in both G10 and emerging market currencies.
Our forex solutions
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Tactical and strategic trading ideas
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Passive and active hedging strategies
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Forex structuring service
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Gold and precious physical metal strategies
Your contact
27.10.2025
UBP Weekly View - Resilience returns to markets
Resilient macro data, softer inflation and strong corporate earnings have helped global markets recover, with equities reaching new highs and bonds extending gains. Expectations of further Fed rate cuts supported sentiment, while the USD strengthened amid JPY weakness and gold consolidation. However, with valuations near cycle peaks and policy uncertainty still looming, investors remain focused on upcoming central bank meetings for direction.
22.10.2025
France’s debt puzzle
Markets have steadied after the appointment of the Lecornu II administration, yet lingering political and fiscal vulnerabilities persist.
20.10.2025
UBP Weekly View - Fragility builds in markets
The US government shutdown carries on, while the earnings season opened on a constructive note, nudging global equities higher amid softer trade rhetoric, resilient bank results and renewed hopes of Fed easing. These tailwinds, however, contrast with credit-quality concerns linked to regional-bank fraud reports and mounting unease over a potential AI-driven bubble, leaving markets more vulnerable to negative headlines. US inflation data due this week are expected to show moderate upward pressure.
15.10.2025
The energy challenges of AI
The rise of artificial intelligence is redrawing the global electricity map
14.10.2025
“Negative interest rates have hardly any effect on the Swiss franc.”
The currency expert at the Swiss private bank Union Bancaire Privée expects the dollar to weaken further, takes a dim view of negative interest rates, and is taking advantage of low market volatility.
13.10.2025
UBP Weekly View - Earnings season kicks off
Investors have been wary of circular AI investments, stretched equity valuations, the threat of the trade war escalating, and the ripple effects of a prolonged US government shutdown, which itself has further disrupted economic data. This week, Q3 earnings will be in the spotlight, with the US’s largest banks set to lead the reporting season.
06.10.2025
UBP Weekly View - US shutdown delays labour data
The US government shutdown, which began on 1 October, has delayed the release of the closely watched non-farm payrolls report. Other economic data published last week were downbeat, reinforcing our expectation that the Federal Reserve will implement two 25-basis-point rate cuts (on 29 October and 10 December) to counter labour market weakness. Meanwhile, negotiations over government spending between the Democrats and Republicans are set to continue in the run-up to the third-quarter earnings season.
06.10.2025
UBP House View - October 2025
Equities are priced to perfection, yet we remain constructive but cautious, while staying upbeat on gold, where we have raised our conviction rating to 5/5.
29.09.2025
UBP Weekly View - Markets brace for US labour report
Divergent remarks from Federal Reserve members combined with US macroeconomic data that was generally resilient have weighed on optimism for future rate cuts. Attention now turns to this week’s labour market report as a key gauge of job creation, while President Trump is set to meet Democratic and Republican leaders in an effort to avert a government shutdown.