Skip to main content
Subject:

Currencies Outlook

Dollar bears’ patience put to the test

Monday, 06 October 2025, written by Edward Markus

Renewed political turmoil in France and the prospect of a more expansive fiscal policy in Japan are causing increased volatility on the currency markets at the start of this week. The dollar is benefiting, despite the prospect of further interest rate cuts by the Fed. How long will this last?

This report is published: Weekly

Get access to this report

Request Report

Previous reports

EUR/USD & GBP hedging perspective

Tuesday, 30 September 2025

The US and the UK have large twin deficits and are therefore dependent on foreign capital. Due to concerns about growth and political uncertainty, the UK is struggling to attract sufficient foreign capital, resulting in rising interest rates and a falling pound. Is this a precursor for the US and the dollar?
 

Request Report

Euro to keep rising?

Monday, 22 September 2025

Will the dollar become an even weaker currency now that the Fed is starting to prioritize growth over fighting inflation?

Request Report

EUR/USD & GBP hedging perspective

Tuesday, 16 September 2025

The ECB sets a high bar for further rate cuts, while markets expect multiple Fed cuts. EUR/USD is poised to rise, but how long will this upward trend last?

Request Report

Hedging Currency Risks

FX market volatility can quickly erode margins and even competitiveness.

Through our sister company, ICC Consultants, many ECR clients already benefit from independent hedging advice that combines clear strategy with hands on execution support.

ICC helps improve and optimize both your FX hedging strategy and its execution. During live transactions, ICC ensures that agreed terms are respected by your banks and brokers, and that no hidden markups are added.

When should you reach out?

  • Fresh perspective in a changing market: ICC identifies opportunities or inefficiencies that may not be visible to an in house team or to long standing bank relationships.
  • Governance and accountability: Regulators, boards, and auditors increasingly expect evidence that treasury and risk management decisions are independently validated.

With ICC’s hedging specialists and real time pricing systems on your side, you gain full transparency, lower costs, and the confidence that nothing is overlooked and every decision is the best possible.

Read More