In their January Currency Outlook, Tempus, an exchange rate and global payments company, provides a 2016 review and a look at what’s ahead.
The View Section of the Report details the following:
- US$ strength to be tested with change of the guard…A strong economy and policy divergence meets Donald Trump
- € Euro could be re-shaped, if not debunked…European leadership and unified stance, as we know it, may change with elections coming up
- £ Sterling finding a bottom as Brexit looms near…Brexit and the threat of Scottish Independence are overshadowing the economy’s sturdy fundamentals
- ¥Japanese Yen could see safe-haven role exacerbate with downside risks…Japanese government will push for spending while BOJ monitors negative yield curve. Global risks could further boost Yen
- ¥Chinese Yuan could see changes as Chinese government loosens controls…The world’s second largest economy looks determined to globalize its tightly-monitored currency
- MXN Mexican Peso & CAD Canadian Dollar: Keeping eyes on the neighbors…Mexico and Canada will follow any dramatic changes in oil prices, but economic unrest feared if U.S.-trade derails
IBC Members can download the complete Currency Outlook from the members-only section of the IBC website under the Special Reports section. IBC membership is free for all regular IHA members – to learn more and to join, visit the IBC membership information page.
