4% rise in international visitor numbers in Americas in first half of 2016 The UNWTO World Tourism Barometer reports that international arrivals in the Americas increased by 4% in the first half of 2016, led by Central America and South America. Europe (+3%) showed mixed results, with solid growth in many destinations offset by weaker performance in others. “Tourism has proven to be one of the most resilient economic sectors ...
Australian Dollar Forecast – Australian Dollar at Risk on US Data, Trump Cabinet Appointments The Australian Dollar may face renewed selling pressure as US data boosts Fed tightening expectations and Trump cabinet appointments continue to pour in. British Pound Forecast – British Pound May Weaken on Profit-Taking, Year-End Flows The British Pound may weaken amid a lull in top-tier news flow amid profit-taking following six ...
US Dollar Forecast - Can Dollar Extend its Best Week’s Rally in a Year Post Trump Win? The trade-weighted ICE Dollar Index posted its strongest weekly advance in 12 months with this past Friday’s close. British Pound Forecast - British Pound to Extend Relief Rally on Hawkish BoE Testimony TheBritish Pound may stage a larger relief rally over the days ahead should the key developments coming out of the U.K. raise the outlook ...
US Dollar Forecast – A Risk Response is Clear, But How Does the Dollar React to Election? There is little doubt that the US Presidential Election next week is the global market’s top event risk. The implications for risk trends is clear with the longest slide for the benchmark S&P 500 in 36 years (9-day) through Friday. Euro Forecast - Let's Not Pretend Otherwise: Only One Thing Matters for EUR/USD This Week EUR/USD ...
USD/JPY Rally Vulnerable to Wait-and-See BoJ, 7 to 3 FOMC Split The FOMC's November interest rate decision may fuel the near-term rally in USD/JPY as the central bank appears to be following a similar path to 2015, but more of the same from the BoJ accompanied by another lackluster U.S. NFP report may undermine the recent advance in the exchange rate as it erodes the case for a further deviation in monetary policy. Dollar Traders: Election Speculation, Fed Decision and Risk Fears ...
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