Tags » Foreign Exchange Consensus Forecasts

Us Dollar Depreciates

The US dollar dropped sharply during March and April on doubts about whether the US economy can expand enough to justify further significant rate hikes. Monetary policy was kept unchanged late last month, as expected, but a probability of over 30% is attached to a rate increase in June. 116 more words

Consensus Forecasts - G7 & Western Europe

UK Brexit Fears

The UK pound plummeted to a fresh seven-year low in late February as the possibility of a ‘Brexit’ fuelled uncertainty, undermined confidence and divided politicians. The crucial referendum on Britain’s membership in the European Union has been scheduled for June 23, after Prime Minister David Cameron completed his renegotiations of proposed new terms for the UK-EU relationship. 149 more words

Consensus Forecasts - G7 & Western Europe

Foreign Exchange outlook

A notable increase in FX volatility has occurred in recent weeks, particularly among the major currencies. Sudden sharp movements affected the Japanese yen and the… 148 more words

Foreign Exchange Forecasts

Risk-Off Flight to Euro

The euro has oscillated in a relatively narrow 1.08 to 1.10 range in recent weeks, as investors have sought refuge in established safe haven assets in response to a surge in global volatility caused by financial turmoil in China. 130 more words

Foreign Exchange Consensus Forecasts

Argentina: Peso Devaluation

Run-off elections on November 22, 2015 saw the centre-right opposition leader Mauricio Macri secure the vote to succeed incumbent Cristina Fernández de Kirchner as President, ousting the Peronist party. 184 more words

Latin American Consensus Forecasts

Foreign Exchange Volatility

Driven largely by divergent policy trends, uneven global growth, persistent geopolitical risks and uncertainty in China, FX volatility has been amplified entering 2016. The long-awaited start to US monetary normalisation took place on December 16 as the US Federal Reserve raised rates by 25 basis points. 105 more words

Foreign Exchange Consensus Forecasts

ECB Ready to Act

The euro tumbled more than 6.0% between October 15 and November 9 after the European Central Bank (ECB) signalled that it was prepared to do more in December to bring inflation back to its ‘just below 2.0%’ target. 115 more words

Foreign Exchange