Currency Forecasts

The US dollar may soon test the all-time low of US$1.6018/EUR versus the euro, propelled by a weak domestic economic outlook and diverging interest rate expectations with the eurozone.... 2008-05-22

Since our January 4 article Dollar Feels The Heat, the greenback has succumbed to further weakness against the euro, as predicted. The European currency has gathered upward momentum... 2006-01-25

The currency had already priced in a Koizumi victory, meaning that post-election gains were very limited. In addition, the US dollar has rebounded as fears about Hurricane Katrina... 2005-10-06

The euro has fallen from resistance at US$1.2600/EUR over the past month and broken through key support in the US$1.2200/EUR region, as the market focuses on growth and interest rate... 2005-10-04

Overall, the yen should remain stable within clearly defined parameters. The currency had already priced in a Koizumi victory, meaning that post-election gains were very limited.... 2005-09-14

The euro has fallen from resistance at US$1.2600/EUR over the past two weeks to support in the US$1.2270/EUR region, as the market focuses on growth and interest rate differentials,... 2005-09-14

PLN4.0000/EUR has proved to be the major resistance level for the Polish zloty over the past six months. Monetary easing and political volatility in the country militated against... 2005-08-25

In the immediate term, THB41.30/US$ support is key. A drop below that level could presage a decline to THB41.80/US$ or THB42.00/US$. Concerns about economic growth, high fuel prices,... 2005-08-25

The peso's exceptional gains over the past month have been comprehensively capped by the resurgence of the US$, combined with news that President Ricardo Lagos is applying pressure... 2005-08-23

We stand by the view we expressed in our last forecast: the SAR3.7500/US$ exchange rate peg will remain in place, and stability should continue to reign over 6-month forward points.... 2005-08-22