Currency Forecast - BRL: Moderate Weakness Ahead - MAY 2014
Emerging FX Monthly May 2014 / Brazil / Economy
We maintain our view that the Brazilian real will range trade between BRL2.200/USD and BRL2.450/USD in the coming months, remaining in its long-term downtrend. Indeed, despite a rally in recent...
Currency Forecast - MXN: Stronger Peso Driven By Investor Differentiation - MAY 2014
Emerging FX Monthly May 2014 / Mexico / Economy
We expect the Mexican peso (MXN) to strengthen in the coming months, bolstered by improving investor sentiment and stronger economic activity. The peso is currently testing key resistance around...
Currency Forecast - COP: Relative Strength Through Rest Of The Year - MAY 2014
Emerging FX Monthly May 2014 / Colombia / Economy
We believe that the 5.8% rally the Colombian peso experienced since early-March against the US dollar is broadly over and expect a modest correction in the coming weeks. The peso is currently...