Currency Forecasts

Appreciation of the Colombian peso has slowed in recent months, and accordingly we maintain our neutral outlook for the time being. With Colombia's central bank now pausing its benchmark... 2011-09-07

The Uruguayan peso has returned to its appreciatory trend following the government's decision to step-up its foreign exchange intervention back in June 2010, and we expect this trend... 2011-09-01

We still believe there is little threat to our view that the Argentine peso will continue to weaken against the US dollar in the short-to medium term. With President Cristina Fernández's... 2011-08-17

We continue to project moderate depreciation of the Trinidad & Tobago (T&T) dollar over the coming months, as the country's central bank tries to stimulate domestic economic... 2011-08-08

The Peruvian sol has been following a consistent uptrend against the US dollar since Q309, only disturbed in April and May this year by the presidential elections, and we expect this... 2011-08-04

Efforts by the Banco Central de Costa Rica (BCCR) to reduce upside pressure on the exchange rate have so far proved ineffective, and as a result we believe the government will now take... 2011-07-14

The Chilean peso remains among our favourite regional currencies in the long term, as the economy's strong fundamentals continue to underpin the currency's appeal. However, the surprise... 2011-07-07

The recent rally in the Guatemalan quetzal is testing our bearish outlook for the currency, but we are not yet convinced that this is anything more than seasonal appreciation. January... 2011-07-06

In line with our previously held outlook, the central bank has continued to allow further incremental appreciation of the Boliviano against the US dollar, bringing the spot rate to... 2011-06-02

The Paraguayan guarani has strengthened significantly against the dollar through February and March, decisively breaking through the short-term target of PYG4,500/US$ we set on 9 December... 2011-04-20