OctaFX | OctaFX Forex Broker
Anmelden
Konto eröffnen
Back

LatAm central bank activity ahead in the week – BBH

FXStreet (Edinburgh) - The research team at BBH has noted the upcoming central bank meetings in the LatAm space.

Key Quotes

“For Colombia, the next policy meeting is on September 25. Consensus is for steady rates at 4.5%, but the market is split. Of the 35 analysts polled by Bloomberg, 11 see a 25 bp hike to 4.75%. The last move was a 25 bp hike 4.5% in August 2014. Inflation rose to 4.7% y/y in August, the cycle high and further above the 2-4% target range. At last month’s meeting, the central bank voted in a split decision to keep rates steady. This warns of a potential hawkish surprise this month”.

Peru’s next central bank meeting is October 15. Because it hiked at its last meeting, another one so soon seems unlikely. Yes, inflation of 4% y/y in August is well above the 1-3% target range. However, the economy remains sluggish and so an aggressive tightening cycle seems unlikely”.

EUR/USD upside remains limited – Scotiabank

Eric Theoret, Currency Strategist at Scotiabank, argued that further upside in the pair remains unlikely...
Mehr darüber lesen Previous

AUD/USD: We continues to see downside risks – Rabobank

Jane Foley, Senior Currency Strategist at Rabobank, points out that they still see risk for another rate cut by the Reserve Bank of Australia, particularly if China continues to print weak economic data. They project AUD/USD in 0.68 in six months.
Mehr darüber lesen Next
Livechat starten