Tag: presidential elections

US dollar still on the defensive as raw materials drop in price

In Nordine Naam’s weekly forex blog for FX-MM, Natixis’ Senior Forex Analyst discusses the impact of the downturn in commodity prices on the US dollar. Despite the optimistic tone of the Federal Open Market Committee (FOMC) statement, the US dollar weakened slightly last week. This was due, in large part, to the downturn in price of raw materials. …

Continue reading

Natixis’ Juan Carlos Rodado cited in Bloomberg’s presidential election market analysis

Following Republican candidate, Donald Trump’s victory in the U.S. presidential election, the Mexican peso is heading for its worst slide since 1995. Indeed, the president-elect’s pledges to both renegotiate the North American Free Trade Agreement (NAFTA) and build a wall along the U.S.’s southern border secured the peso’s position as a barometer for Trump’s presidential …

Continue reading