Listen: FX Outlook 2025 - How Trump’s policies will ripple through global markets
In this podcast, a replay of our live webinar, ING’s FX strategists Chris Turner, Francesco Pesole and Frantisek Taborsky discuss how Donald Trump’s policies will reshape global currency markets in the year ahead
Tax cuts, trade wars, and relatively higher US interest rates suggest the dollar will strengthen in 2025, at the expense of the rest of the world.
In Europe, tariffs threaten to hit exports at a time when the economic outlook is already weakening, forcing the central bank to cut rates further, and piling pressure on the single currency.
Meanwhile, next year could be the toughest environment for emerging markets since 2020.
In this week’s THINK aloud, a replay of our live webinar, ING’s FX strategists Chris Turner, Francesco Pesole and Frantisek Taborsky share their views on Trump’s policies and the impact they could have on currencies around the world.
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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more