USD to gain broad based appreciation across Americas - Scotiabank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 2, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Guatemala) - Analysts at Scotiabank offered the outlook for December trade in the Americas.

    Key Quotes:

    "The USD will regain broad-based appreciating momentum. Commodity price adjustments and unattractive interest rate differentials weigh on the CAD outlook.

    The BRL is poised for prolonged weakness, driven by deep political and economic stress."

    The MXN might become a favoured currency within the Americas while the CLP and PEN will likely suffer from US strength, El Niño-related shocks and commodity price weakness."
    For more information, read our latest forex news.

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