March 31, 2026
Q2 2026 Currency Snapshot
Q2 Currency Snapshot
There is a lot happening in currency markets right now, and the turbulence looks likely to continue. Our Q2 snapshot cuts through the noise and focuses on the five themes we think matter most—starting with the commodity terms-of-trade shock that is driving nearly all of the dispersion in FX performance, and ending with a dollar rally that we believe has overshot.
The full piece is here, along with our updated forecasts and a central bank decision calendar for the rest of the year.
If any of this raises questions about your hedging strategy or exposure management, we'd love to talk it through.
Karl Schamotta
Chief Market Strategist
Corpay Cross-Border Solutions
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