| FX Alert – Latin America |

Latam currencies are losing ground to Asia

14 December 2012 09:15 GMT Bret Rosen , Mike Moran

  • Latam and AXJ FX total returns are converging, with AXJ increasingly catching up • Latam FX gains are moderating due to weaker growth, official intolerance of local-currency appreciation • China recovery, reserve diversification are supporting Asian outperformance • Real-money funds: We maintain our short-term FX weighting on MXN at Overweight • Corporates: USD-based treasurers should use short-term USD weakness to raise s/term FX hedge ratios
^ top

Related Tags

Author: Bret Rosen , Mike Moran

Region: Americas

FX: Currencies

Publication Name: FX Alert

New User

Find out more about our research

Straight2Bank User

Please access our research via your Straight2Bank account