Currency Forecasts
Costa Rica
Despite high volatility in recent weeks, the Costa Rican colón has rallied over the last few months, strengthening 2.3% from its October 2011 low of CRC521.25/US$, and we believe the...
2012-01-24Brazil
The technical picture for the Brazilian real is strong at present, with longer-dated charts also suggesting that the unit will perform well against the US dollar over the next few weeks...
2012-01-20Chile
The Chilean peso's recent break of short-term resistance around CLP517.00/US$ suggests that we could see the unit appreciate further in the coming months before coming up against resistance...
2012-01-12Peru
Despite recently breaching resistance at PEN2.70/US$, and performing stronger than other regional currencies in spite of volatile global conditions, we believe the Peruvian nuevo sol...
2011-12-08Colombia
Following a break out of its appreciatory trend in late September, the Colombian peso has continued to depreciate, bringing the unit close to its October 2011 low of COP1985.0/US$....
2011-12-01Paraguay
The Paraguayan guaraní decisively reversed its appreciatory trend against the dollar in September, breaking below short- and medium-term support around the PGY3,950/US$ area. Since...
2011-11-08Mexico
We believe that the bounce is over for the Mexican peso in the short term and forecast that it will end the year around current levels, though for now a slump back to MXN14.00/US$ is...
2011-10-21Costa Rica
The Costa Rican colón hit its lowest level in over a year on October 5th, weakening 4.15% since its April 2011 low, and the unit does not appear to have hit its bottom yet. Having...
2011-10-12
