Bullish on the Americas – Scotiabank
|By FXStreet Analysts at Scotiabank are bullish on the America’s.
Key Quotes:
“We are bullish on the outlook for the USD. Renewed equity market volatility remains a threat to growth prospects and may therefore weigh on the Fed policy outlook.
We think March remains “live” for a further rate increase at this point. Steadier oil prices will help stabilize the CAD and MXN. The BRL, while supported by high interest rates, is vulnerable to political risk outflows.”
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Source:: FX Street