Currency Forecasts
Turkey
Recent monetary policy decisions imply that Turkey's central bank is becoming more concerned about supporting growth than aiding the rebalancing process, and as a result we are turning...
2013-02-21Czech Republic
The Czech koruna is likely to underperform other central European currencies in the short-term as export growth wanes and portfolio inflows into government debt stall due to the fragile...
2013-01-08Turkey
On November 7 we removed our bullish key market view on the TRY/US$ exchange rate, after implied gains of 1.1% over seven days, as we believed the Turkish lira had come too far too...
2012-11-15Turkey
Following a torrid 2011 in which the Turkish lira depreciated more than 20% against the US dollar, the currency has enjoyed a reversal of fortunes in the first few weeks of January....
2012-01-19United Kingdom
The British pound has trended lower since Q211 and is currently testing support at US$1.5300/GBP. Much of the recent sterling weakness has materialised on the back of a stronger dollar...
2012-01-17Czech Republic
We expect the Czech koruna to remain under pressure in the coming months on the back of high uncertainty surrounding the eurozone sovereign debt crisis, which has translated to sustained...
2012-01-09Romania
On the back of elevated investor risk aversion, due to the ongoing eurozone sovereign debt crisis, the Romanian leu weakened substantially through the course of 2011 depreciating 6.7%...
2011-12-14Sweden
The krona's short-term outlook against the US dollar will be determined by the trajectory of the euro, with which the SEK is highly correlated. For now, rangebound trading looks like...
2011-12-08
