Currency Outlook 2025

01 February 2025

Inflation had been on a productive trajectory lower since peaking in the US in mid-2022. However, the inflation fight was harder to win than expected as lingering CPI led the Fed to pause, keeping rates high-for-longer to combat its stickiness.

This, and the Republican clean sweep in the US election, led to the US dollar outperforming the rest of the G10 currencies in 2024. As Trump begins his second term and geopolitical uncertainty continues this coming year, policy ramifications and global instability will keep investors vigilant in 2025.

Read more in this Currently Outlook for 2025 from our specialist investment partners, Mesirow Financial.

Mesirow is an independent financial services firm based in Chicago that provides proven capabilities in global investment management, capital markets, investment banking and wealth management. Warakirri is the exclusive representative of Mesirow in Australia.