Brazil’s real may be set for a “slow depreciation” as the nation’s presidential election enters a runoff, though “robust” inflows of funds are likely to spur a rebound, according to Credit Agricole CIB.
The dollar will rise past 100 yen “very soon” as Japanese demand for U.S. debt revives, Credit Agricole SA, France’s third-largest bank, wrote in a report yesterday.
The ties with China that helped make South Korea’s won a haven among emerging Asian currencies last year are turning it into a loser in 2014.
"There is going to be some likely correction of market interest-rate expectations, in line with the view that the RBA will probably hike rates around the first quarter."
- Mitul Kotecha on Sep 15, 2014
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