Risk Watchdog and his colleagues at Business Monitor International (BMI) have grown very bullish Latin American currencies. Three views in particular stand out and form part of the BMI Global Key Market Views portfolio:
Last Friday, my colleagues at BMI initiated a long Chilean peso/short US dollar view, which hit the initial CLP510.00/US$ target within days, [Read more...]
The Brazilian government and the Banco Central do Brasil (BCB) have presented a comprehensive list of measures to tackle the effects of the credit crunch and clogged up money markets. The extent and size of these measures suggest that policymakers in Brazil have recognised the severity of the crisis and are determined to address these [Read more...]
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