Currency Forecasts
Albania
Having rebounded from its all-time lows in the ALL139.00/EUR area in the first quarter of 2010 to trade as high as ALL135.55/EUR at one point in mid-May, the Albanian lek has since...
2010-07-13United Kingdom
Mirroring the ongoing euro bounce, the British pound continues to edge higher following heavy selling in May. Having hit a low of US$1.4230/GBP on May 20, the subsequent rally has pushed...
2010-06-21Ukraine
The Ukrainian hryvnia remains broadly stable, having traded within a narrow band between UAH7.9000-8.0000/US$ since the fourth quarter of 2009. Given ongoing interventions on the foreign...
2010-06-09Romania
Having appreciated to its strongest level since Q109 in March this year, the Romanian leu has subsequently depreciated to RON4.1920/EUR at one point on June 4. While the National Bank...
2010-06-04Czech Republic
Further koruna weakness is likely in the short term, with risk aversion in Europe set to remain prevalent. Strong support at CZK26.00/EUR will be key to watch, with another serious...
2010-05-20Serbia
After remaining firmly within a depreciatory trend channel since November 2009, the Serbian dinar has stabilised markedly against the euro in recent months, having continued to trade...
2010-05-12Croatia
The kuna has held up well against the euro so far in 2010 with the latter struggling on the back of the Greek sovereign debt crisis. Going forward, with the summer tourism season...
2010-05-10Russia
We retain our long-held bullish outlook on the Russian rouble. The currency is expected to continue shrugging off central bank rate cuts in the short term and push higher on the back...
2010-05-05
