MarketsPoliticsU.S. and CanadaLatin America
October 10, 2017 |
As NAFTA talks resume this week, our predictive signals indicate big moves may be forthcoming in North American currencies -- particularly, a rising risk the peso could soon depreciate. Coupled with still-elevated concern over protectionism in Canada and Mexico, the signals suggest observers are bearish on the prospects for renegotiation.
A rise in our Federal Reserve, Banxico, and BoC signals suggest big moves in North American currencies within the next month....