Currency Forecasts

The Trinidad and Tobago (T&T) dollar has come under some renewed downside pressure of late, brushing up against the lower end of its TTD6.2000-6.3000/US$ trading range, of the central... 2010-05-13

The Guatemalan quetzal has come back strongly after a rough 2009, thanks mainly to strong net capital inflows. While these inflows help the country meet its sizeable import bill,... 2010-03-16

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... 2010-01-14

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... 2009-12-03

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... 2009-09-08

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... 2009-08-25

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... 2009-07-30

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... 2009-07-22

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... 2009-07-07

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