- Fx Market Insights
- Top Currency Forecasters Predict Rough Year Ahead For The Loonie
- Could Oil Drop To $20 Before We See A Recover?
- Is QE 2 Around The Corner For The ECB?
In This Issue:
Foreign Exchange Market Insights
The last month has not been without surprises in the currency markets. Driven by oil, policy changes on the horizon and other global events, Olympia Currency Trader recaps what has transpired and what may lay ahead.
Top Currency Forecasters Predict Rough Year Ahead For The Loonie
The New York-based bank has joined Australia’s Macquarie Group Ltd., both among the 10 most accurate currency forecasters, in predicting the Canadian dollar will drop almost 9 per cent next year.
Could Oil Drop To $20 Before We See A Recovery?
Investors are betting on the low oil price staying lower for even longer after OPEC’s decision to abandon their current productions ceiling. This news pushed oil down 6%, reaching its lowest point in nearly seven years.