We revise EUR/USD and USD/MXN projections

Genevieve Signoret & Alejandro Carrión

Currencies

Based on incoming data, we revise two exchange rate forecasts:

We revise up our September 30 EUR/USD forecast to $1.08. Note that we anticipate further policy loosening by the ECB and a Fed rate hike both this year still.

We revise down our outlook for the peso to 17.0 by end September 2015 and 15.5 by the end of the year.

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