Report
Global FX 2025 Outlook
Dollar Strength Confirmed on US Tariff Threats, Cyclical Outperformance
The global FX market is in a state of flux. Economic shifts, geopolitical tensions, and policy changes are creating both risks and opportunities for investors. Are you prepared to make informed decisions in this dynamic environment?
Bloomberg Intelligence’s comprehensive Global FX 2025 Outlook provides in-depth analysis and actionable forecasts to help you navigate the complexities of the currency markets.
Download the full report to:
- Understand the factors driving the dollar’s continued strength and its potential impact on your portfolio
- Assess how evolving geopolitical dynamics, including potential trade wars and conflicts, could influence currency valuations
- Get detailed outlooks for major G-10 and emerging market currencies
- Discover potential diversification strategies and identify currencies offering defensive characteristics
Key takeaways:
- Actionable forecasts for major global currencies
- Analysis of the impact of U.S. economic policy and potential tariffs
- Insights into emerging market opportunities and risks
- Strategic recommendations for navigating volatility and maximizing returns

Key sectors included:
- FX
- Trading
Given the dynamic negotiations, we expect to regularly update this report as developments unfold. Get the report today to stay informed.
Enter your details for instant access
This is a synopsis of the full report. The data included in these materials are for illustrative purposes only. The BLOOMBERG TERMINAL service and Bloomberg data products (the “Services”) are owned and distributed by Bloomberg Finance L.P. (“BFLP”) except (i) in Argentina, Australia and certain jurisdictions in the Pacific Islands, Bermuda, China, India, Japan, Korea and New Zealand, where Bloomberg L.P. and its subsidiaries (“BLP”) distribute these products, and (ii) in Singapore and the jurisdictions serviced by Bloomberg’s Singapore office, where a subsidiary of BFLP distributes these products. BLP provides BFLP and its subsidiaries with global marketing and operational support and service. Certain features, functions, products and services are available only to sophisticated investors and only where permitted. BFLP, BLP and their affiliates do not guarantee the accuracy of prices or other information in the Services. Nothing in the Services shall constitute or be construed as an offering of financial instruments by BFLP, BLP or their affiliates, or as investment advice or recommendations by BFLP, BLP or their affiliates of an investment strategy or whether or not to “buy”, “sell” or “hold” an investment. Information available via the Services should not be considered as information sufficient upon which to base an investment decision. The following are trademarks and service marks of BFLP, a Delaware limited partnership, or its subsidiaries: BLOOMBERG, BLOOMBERG ANYWHERE, BLOOMBERG MARKETS, BLOOMBERG NEWS, BLOOMBERG PROFESSIONAL, BLOOMBERG TERMINAL and BLOOMBERG.COM. Absence of any trademark or service mark from this list does not waive Bloomberg’s intellectual property rights in that name, mark or logo. All rights reserved. © 2025 Bloomberg.