USD to gain broad based appreciation across Americas – Scotiabank
By FXStreet 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.”
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Source:: FX Street
