As the threat of war abates, the Korean Won should continue its climb through 2018. The threat of war may not be completely out of the picture, but we expect the Korean Won (KRW) to continue to strengthen though 2018 as the country experiences faster economic growth and inflation nearing the Bank of Korea?s…
An improving European Union economy supported by solid macroeconomic factors will see a gradual appreciation of the Swedish Krona (SEK) and Norwegian Krone (NOK) against the Euro through 2018. The two Nordic currencies will also extend their recent surge against the U.S. The recent Riksbank (Swedish Central Bank) meeting kept interest rates unchanged at -0.5%….
For 2018, HXL expects the U.S. dollar to weaken against the Euro, remain unchanged against the Pound and strengthen against the Yen and commodity currencies. Despite small pockets of risk in Europe, North America and Asia, the outlook for global economic growth looks positive and we forecast global GDP of 3.8% in 2018 and…