Currency Forecasts
India
Despite a lack of bullish divergence on the relative strength index, the Indian rupee should enjoy a decent bounce against the US dollar given the currency's deeply-oversold nature...
2012-01-18Indonesia
We hold a bearish view on the IDR over the short term. Although Bank Indonesia (BI) has been intervening heavily of late in order to maintain the IDR9,000/US$ level, we do not believe...
2011-12-08India
Despite a lack of bullish divergence on the relative strength index, the Indian rupee should enjoy a decent bounce against the US dollar given the currency's deeply-oversold nature...
2011-09-28Thailand
The Thai baht's recent attempt to surpass its previous peak of THB29.50/US$ was interrupted by a sharp selloff across global risk assets. Following an impressive run in July where the...
2011-08-18Japan
Even with its mammoth external surpluses, the Singapore dollar has come a long way against the greenback in 2011, and a corrective period looks in order. We would not be surprised to...
2011-08-03Indonesia
We hold a moderately bearish view on the Indonesian rupiah in the near term. The unit has been edging stronger in recent weeks to a multi-year high of IDR8,505/US$. While we cannot...
2011-06-07Japan
The Japanese yen looks set for choppy range trading in the near term, with trendline support - currently at JPY85.00/US$ capping any meaningful weakness. Meanwhile, a move down to JPY76.30/US$...
2011-05-18Bangladesh
In line with our long-term view, the taka has weakened over the recent months. Indeed, it has depreciated much more rapidly than we initially expected, surpassing our previous end-2011...
2011-05-12
