Market insights
The desk's view, in writing.
Strategic FX briefings, weekly outlooks and market analysis from the Lamera Capital dealing desk. Written for people with real currency exposure, not for clicks.
USD/CAD Pulls Back From Its 2026 High: What It Means for Canadian Dollar Buyers
USD/CAD has pulled back from its 2026 high as October Fed rate rise bets ease. What it means for businesses buying Canadian Dollars.
Read the latest pieceG10 Currency Outlook 14th October 2025
Trade tensions and political risks dominate FX markets this week. See what’s driving the USD, EUR, and GBP in our concise G10 currency outlook.
Read the pieceWeekly FX Outlook: The Pound is range bound
UK fiscal tightening & weak confidence weigh on GBP as EURO stability returns. With tax rises & slow growth ahead of the November Budget, the pound’s rebound looks unlikely.
Read the pieceWeekly FX Roundup: Sterling’s Strength Fades as Reality Bites
Sterling’s brief rise above 1.15 against the euro has faded, just as forecast. With UK fiscal risk rising & business confidence falling, the pound’s strength looks borrowed.
Read the pieceSterling Rises as France Falters, but the Calm May Not Last
GBP/EUR climbs to it's highest level since July, but the move looks more like euro weakness than UK strength. The UK faces fiscal strains ahead of November’s Budget.
Read the pieceFX outlook October 6th 2025: UK fiscal risks grow, the euro holds & the dollar drifts
Sterling stalls at 1.15 as fiscal pressure builds ahead of UK Budget. Euro steady, dollar drifts. Weekly FX outlook covering up to date currency market news.
Read the pieceWeekly FX Roundup: Pound Under Pressure, Euro Resilient, NFP data delayed
Sterling stays under pressure as fiscal risks mount, the euro holds firm on policy stability, and the dollar drifts without its key NFP signal amid the U.S. shutdown.
Read the pieceCentral Banking at a Crossroads: Reflections from Klaas Knot’s Farewell
A reflective piece on speeches by Bailey, Williams, and Lagarde at Klaas Knot’s farewell symposium. Their shared message: financial stability is fragile, risks have shifted to non-banks, and vigilance is essential.
Read the pieceHow a Weak Dirham is Driving British Investment into Dubai Property
A weak dirham is giving British buyers discounts on Dubai property in 2025. Here’s how currency shifts are driving UK investment.
Read the pieceSterling Under Pressure as Fiscal Risks and US Data Dominate
The pound stays fragile as UK fiscal risks collide with political pressure, the euro steadies ahead of inflation data, and the dollar eyes key ISM surveys and non-farm payrolls.
Read the pieceUSD Strength Creates Favourable Window for Dollar Sellers Buying Pounds
The U.S. dollar has strengthened while sterling weakens, pushing GBP/USD down. A favourable window has opened for USD sellers buying pounds.
Read the pieceThe Pound Under Pressure: Why UK Inflation, Weak Growth & Fiscal Risks Keep Sterling Vulnerable
The pound faces mounting pressure as UK inflation stays high, growth slows, and fiscal risks rise ahead of the November Budget. Read our full analysis including what the OECD forecasts mean for sterling.
Read the pieceFX Outlook | UK PMI Data Weighs on Pound as Eurozone Services Hold Up
Sterling weakened after UK PMI data undershot expectations, while Eurozone services surprised on the upside. Read our FX outlook for GBP/USD and GBP/EUR with key levels and risks.
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