Currency Forecasts 2016 – Q2
23 May 2016 · < 1 min read
Brexit, the global economic downturn, plummeting oil prices. It has never been plain sailing on the currency market, but the volatility of the first few months of the year has outstripped the expectations of even the biggest pessimists.
Many companies have witnessed how exchange rates can rapidly rock their international lines of business and threaten to wreck their chances of meeting their targets. Giants such as Google Alphabet or H&M have seen their profits take a major hit because of exchange-rate volatility. Suffice to say, their investors have not been amused.
Here at Kantox, we don’t claim to know what’s going to happen. We don’t make predictions, but the leading banks and financial institutions do. And, to help financial directors know what scenarios banks are working on the basis of, and the events that could have a major impact in the medium term, we have compiled their trend forecasts for the main currencies over the next 12 months.
Click on the image below to download our Q2 currency forecast guide.