Mexico's inflation likely to slip again in September

Sep 24, 2015 06:29 am UTC| Commentary Economy

Mexicos inflation slipped below 3.0% (the Banxicos target) in May for the first time in a decade and has declined even further since then, as core inflation remained at its lowest level ever at 2.3% and food inflation fell...

Yen likely to be driven by external developments and market volatality

Sep 24, 2015 06:28 am UTC| Commentary

As witnessed on many occasions previously, a sharp sell-off in global equity markets helped to bolster the Japanese yen, with USD/JPY briefly spiralling below 116.10 on 24 August, from above 124 only the week before. An...

GBP/EUR likely to benefit from prospects of BoE hike in 2016

Sep 24, 2015 06:23 am UTC| Commentary

Most of the past months movement in GBP/EUR occurred in the wake of Chinas currency devaluation in mid-August, with the pound plummeting 5 cents in as many days, to just above 1.35. The sharp fall was mostly due to...

NZD/USD outlook

Sep 24, 2015 06:20 am UTC| Commentary

After the worst performance of any G10 currency this year, the New Zealand dollar has likely neared its bottom and is set for a modest recovery against the USD. Expectations of another 25 bps interest rate cut from the...

GBP/USD likely to reach 1.56 by year end

Sep 24, 2015 06:19 am UTC| Commentary

After a volatile month, GBP/USD ended much where it began, at around 1.55. Having tested support just below 1.52 in early September, the pound subsequently recovered, propelled by slightly more hawkish comments from the...

EUR/USD likely to fall below 1.10 by year end

Sep 24, 2015 05:52 am UTC| Commentary

EUR/USD has traded in a wide range over the past month, briefly hitting a sixmonth high above 1.17 in mid-late August following Chinas currency devaluation. The ramifications of this devaluation, especially on US monetary...

Brazil's unemployment moderates in August

Sep 24, 2015 05:52 am UTC| Commentary

Brazils GDP contraction this year has resulted in a sharp deterioration in the labour market as the unemployment rate rose to 7.5% in July from 4.3% in December 2014 (to 7.3% from 5.1% on a seasonally-adjusted basis during...