Crispus Nyaga

FX Market Update: EUR/USD Heads to Parity

The main theme in the financial market was the continued strength of the US dollar, which has soared to the highest point in years. This theme may continue this week as the US releases strong inflation numbers and bond yields soar.

FX Market Update: US Dollar Surge Gains Steam Ahead of NFP

HSBC set to debut its international payments app, Zing

HSBC Holdings Plc is keen on positioning itself strategically in the broad industry of digital finance. Indeed, this goal is what has prompted its decision to launch an international payments app; Zing. The bank seeks to get a share of the fast-growing industry.

Western Union partners with MFS Africa in line with its Evolve 2025 Strategy

Western Union has partnered with MFS Africa, one of the continent’s largest payment platforms. The

Western Union launches 'send now, pay later' in partnership with Beforepay

Western Union and Beforepay announced their partnership on Friday last week. Through the cross-border payments website or mobile app, registered users will have access to Beforepay’s wage-advance product.

Ria Money Transfer joins Brazil’s PIX real-time payment network

USD to CAD Forecast

USD to CAD has been sliding, but it is now sitting in an area where the market often pauses.

GBP to USD Forecast

Right now, GBP to USD is sitting in the mid 1.33s after a sharp bounce from the 1.30 area. The market has been jumpy, but the bigger picture is a “back and forth” pattern rather than a clear one way trend.

USD to EUR Forecast

Right now, the USD has softened overall, which has helped the euro stay relatively strong. That means one US dollar is generally buying fewer euros than earlier in 2025, even if moves have been choppy day to day.

GBP to EUR Forecast

GBP to EUR has pushed higher recently and is hovering around the mid 1.14s. The move reflects a modest Pound bounce rather than a big, confident trend.

GBP to CAD Forecast

At the start of 2025, GBP to CAD is sitting in a familiar tug of war. Sterling has had bursts of strength, but the Canadian dollar has proved it can fight back quickly.

USD to PHP Forecast

Right now, the peso is weak and the US dollar is expensive. USD to PHP has been trading around the high 58s to low 59s, with recent prices pushing to fresh record lows for PHP near 59.22 per $1.

USD to MXN Forecast

USD to MXN has been sliding, meaning the Mexican peso has been gaining value against the US dollar. The pair is trading around the high 17s to low 18s, near the lower end of its recent multi month range.

EUR to TRY Forecast

EUR/TRY is trading close to multi year highs, sitting around 49.7 and pressing up against the big, round 50 level. The broader move has been steady for months, meaning one euro has been buying more Turkish lira over time.

EUR to CAD Forecast

EUR to CAD has turned softer recently, meaning one euro has been buying fewer Canadian dollars than it did earlier. The pair is sitting below a previously important support area, which often signals that sellers still have the upper hand.

USD to COP Forecast

After a softer Colombian peso session, USD to COP is sitting near 3,770. That means it now takes about 3,770 pesos to buy 1 US dollar, and the near term tone has tilted slightly in favor of the dollar.

USD to AUD Forecast

Right now, the USD to AUD rate is sitting near an important turning point. The Australian dollar has recently strengthened, meaning one US dollar has been buying fewer Australian dollars than it did a few weeks ago.

USD to TWD Forecast

A quick snapshot before the forecast.USD to TWD has been choppy, with the Taiwan dollar no longer under heavy selling pressure, but still not getting strong, steady support either. The near-term tone is slightly USD-favorable, meaning it is a bit easier for USD to buy TWD than it was during the TWD’s stronger stretches.

USD to INR Forecast

Right now, USD to INR is trading around a historic zone after the rupee weakened past 90 per US dollar in December 2025. Since May, the rupee has fallen sharply, but it has also shown quick rebounds when the Reserve Bank of India (RBI) steps in.