MXN likely to remain range-bound over the coming months: Barclays
Feb 20, 2015 08:52 am UTC| Commentary
Quotes from Barclays Capital: -The MXN is likely to remain range-bound over the coming months, rising to 15.25 by Q2 15 and weakening slightly to 15.50 by end-2015. -We believe the headwinds to the Mexican currency will...
USD/BRL likely to move to 3.00 by year-end; Barclays
Feb 20, 2015 08:51 am UTC| Commentary
Quotes from Barclays Capital: -Tighter monetary policy, continued FX interventions and constructive fiscal policy set the BRL apart from the EM pack. However, the medium-term outlook for the BRL is not as rosy. -We...
Feb 20, 2015 08:50 am UTC| Commentary
Quotes from Barclays Capital: -The SGD is likely to underperform amid significant overvaluation, slowing core inflation, and high sensitivity to broad USD strength. -With the MAS having lowered the slope of the SGD NEER...
Feb 20, 2015 08:49 am UTC| Commentary
Quotes from Barclays Capital: -We see rising risk that the Chinese government could start to accommodate more CNY weakness. We also do not rule out the possibility of a widening of the CNY trading band combined with...
IDR appreciation potential will likely be limited: Barclays
Feb 20, 2015 08:48 am UTC| Commentary
Quotes from Barclays Capital: -Indonesias trade deficit has narrowed sharply from last year as monetary tightening slowed growth. Investor confidence in the Jokowi administration has also improved, given recent successes...
INR gains versus USD could be limited: Barclays
Feb 20, 2015 08:47 am UTC| Commentary
Quotes from Barclays Capital: -The decline in oil prices has been a major boon for India, driving improvements in the fiscal and current account balances, while helping to facilitate the recent policy easing by the...
EM currencies versus the EUR could offer value: Barclays
Feb 20, 2015 08:46 am UTC| Commentary
Quotes from Barclays Capital: -Our revised forecast of EUR depreciation to parity versus the USD by end-2015 suggests that EM currencies versus the EUR could offer value. Repeating the same exercise of calculating...
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