Peter Kinsella
Global Head of Forex Strategy
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
16.09.2025
Gold moves to new all-time highs
In September, gold rose to new all-time highs, approaching USD 3,700 per oz. The upward move reflected several factors.
15.09.2025
UBP Weekly View - All eyes on central bank meetings
Equities advanced over the week on expectations of a first Fed rate cut on 17 September. Investors will scrutinise the Fed’s commentary for guidance on further potential cuts in October and December, moves which have largely been priced in by the markets. Policy meetings are also scheduled at the Bank of Canada (BoC), the Bank of England (BoE), and the Norges Bank, with the European Central Bank (ECB) having decided last week to leave its key rate unchanged at 2%.
12.09.2025
India: Steadfast amid rising geopolitical challenges
Trade tensions with the United States, marked by 50% tariffs on Indian exports, have dampened sentiment. However, despite trade-related uncertainties, the growth outlook has been revised upwards, reflecting India’s strong long-term potential.
09.09.2025
UBP House View - September 2025
The Fed now appears to prioritise labour market stability over inflation risks, prompting us to reshape our investment strategy and overall asset allocation.
08.09.2025
UBP Weekly View - Soft US labour data raise Fed rate cut expectations
Without further pressure from the White House, the Fed is set to cut rates in September. Markets are debating whether the move will be 25 or 50 basis points after weak payroll figures, though we continue to expect only a 25-bp cut given the persistent inflationary pressures. The prospect of lower rates has buoyed equities, while attention this week will turn to US inflation data for evidence of tariff-related effects.
08.09.2025
Towards a lower rate era
The start of autumn marks a turning point for the Federal Reserve; our rate outlook is shifting accordingly.
01.09.2025
UBP Weekly View - Nvidia disappoints, yet tech stocks advance
While President Trump is pressing for greater influence over the Fed in the pursuit of lower interest rates, US small caps continued to benefit from declining short-term US yields. Attention turned to Nvidia where strong Q2 earnings were eclipsed by underwhelming guidance and geopolitics impacting sales in China, sending the stock lower; even so, global technology equities outperformed. This week, the focus is set to shift to key US macro indicators, namely employment data.
25.08.2025
UBP Weekly View - Markets rally after Jackson Hole symposium
With Fed chairman Jerome Powell opening the door to a rate cut in September, last week’s Jackson Hole symposium reinforced our forecast of two reductions this year. Global equities closed on a positive note, buoyed by the policy easing. However, the impact of tariffs must be fully assessed over the coming weeks.
