Currency Forecasts
Brazil
After testing the crucial BRL1.7000/US$ technical level in November, the Brazilian real has struggled to remain on its impressive appreciatory course, which has seen the unit rally...
2010-01-14Argentina
The Argentine peso has seen a pause in its steep descent in recent months, stopping just short of its 2002 all-time low at ARS3.8900/US$, suggesting that the Banco Central de la República...
2009-12-03Haiti
We expect the Haitian gourde to see out the year at the current level of HTG39.75/US$, albeit with slight downside risks should the authorities decide to weaken the currency in a...
2009-09-08Jamaica
The Bank of Jamaica (BOJ) has stabilised the Jamaican dollar at the current level of JMD86.70/US$, which we believe will be maintained in the near term with the help of multilateral...
2009-08-25Uruguay
Central bank intervention on the foreign exchange market in April and May, to the tune of US$105mn, has capped the Uruguayan peso's recent ascent, preventing the unit from pushing...
2009-07-30Colombia
The Colombian peso managed to push through key resistance at COP2,000/US$ on July 21, capping off 23% of gains since hitting the 2009 low of COP2,609/US$ in early March. While momentum...
2009-07-22Venezuela
Despite the positive impact of the recent oil rally and PdVSA bond issue, the Venezuelan black market bolívar remains fundamentally flawed. Ultimately, a lack of fiscal options will...
2009-07-07Mexico
The Mexican peso shrugged off early losses on July 6, suggesting the currency remains largely unscathed by the government's poor performance in July's mid-term congressional elections....
2009-07-07
