Currency Forecasts
Turkey
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...
2011-12-08Lithuania
The elevated risk of a banking sector crisis in Lithuania could present problems for the country's balance of payments position, in turn, making life difficult for the Lithuanian central...
2011-12-08Armenia
The relatively illiquid nature of the Armenian Dram should see it broadly spared from the capital flight from emerging and frontier market assets, as growing disarray in the eurozone...
2011-11-22Russia
Despite recent elevated levels of market volatility, we believe that the latest bounce in the Russian rouble has further to run as recent concerns over a US recession and a blow-up...
2011-09-01
