Meera Chandan AC (44-20) 7134-2924 meera.chandan@jpmorgan.com J.P. Morgan Securities plc Patrick R Locke (1-212) 834-4254 patrick.r.locke@jpmchase.com J.P. Morgan Securities LLC Arindam Sandilya (65) 6882-7759 arindam.x.sandilya@jpmorgan.com JPMorgan Chase Bank, N.A., Singapore Branch Octavia Popescu (44-20) 3493-5654 octavia.popescu@jpmorgan.com J.P. Morgan Securities plc Global Markets Strategy J P M O R G A N 19 December 2025 FX Outlook Thoughts from the road We published our FX year-ahead outlook in lat ...