Keeping you up to date
At BBVA, we want to help you make your company’s international decisions as well.
That’s why, from the SME Foreign Trade area, we are launching this monthly newsletter, where you will find a selection of key content to help you better understand the international context and make decisions with greater confidence.
Because in foreign trade, being well informed makes all the difference.
-
The conflict in the Middle East drives up the dollar and weakens the euro
Abril 2026
The energy shock resulting from the closure of the Strait of Hormuz has boosted the dollar as a safe-haven asset, reaching highs of 100 points in its global index. While the U.S. States benefits from its export profile, the euro has fallen to levels of 1.1470 due to the region’s energy dependence. This geopolitical crisis has triggered a sharp correction in the EUR/USD pair, pushing traditional macroeconomic data into the background. The rise in gas and crude import costs is now the main drag on European foreign trade.
-
EUR/USD Forecasts: Energy will dictate the direction of currencies
Abril 2026
La desescalada entre EE. States e Irán el 8 de abril ha enfriado los precios de la energía, cumpliendo el escenario de recuperación para el euro. Tras rozar mínimos de 1.14, el par EUR/USD ha rebotado hasta los 1.18, validando la oportunidad estratégica de compra ante el alivio de la tensión en Ormuz. Aunque una guerra prolongada amenazaba con hundir la divisa a niveles de 1.11, el optimismo actual devuelve el pulso al comercio exterior europeo. La geopolítica sigue siendo el factor clave para las previsiones del mercado.
-
Exporting in 2026: How to navigate this most complex trade environment
March 2026
Foreign trade faces a critical March, with oil at $116, traffic through the Suez Canal down 45%, and new tariff threats from the U.S. States