Peso

Argentina Currency Crisis Brings Big Risks to Companies

Argentina Currency Crisis Brings Big Risks to Companies

Between talks of default as Argentina struggles to repay heavy government borrowing, historically high interest rates, and the Argentinian Peso declining 45% against the U.S. dollar, the business risk of working in Argentina is high.

President Mauricio Macri and his pro-business government face an uphill climb in stabilizing the currency and solving its mounting economic problems. Here are the issues that business operating in Argentina need to know.

FX in the Age of Central Bank Activism: What have we Learned?

FX in the Age of Central Bank Activism: What have we Learned?

We take a look back at this blog series that tackles the increasing role of Central Banks and what challenges treasurers, CFOs, and financial professionals might face.

Latin America’s Tug of War: Central Bank determination versus Political Upheaval

Latin America’s Tug of War: Central Bank determination versus Political Upheaval

Latin America’s Central Banks are working feverishly towards stability, but find themselves undermined by a persistent foe: political turmoil. We examine the surprises that financial professionals may find when factoring in the region’s diverse Central Bank activity. 

Covering the spread: A look back at the year’s most challenging currency pairs

Covering the spread: A look back at the year’s most challenging currency pairs

We recap how widening spreads with the dollar have affected businesses across the globe. Here are the most volatile currency pairs we examined.

The Week Ahead: Dollar Drops After Rate Hike

The Week Ahead: Dollar Drops After Rate Hike

The USD is weaker against major currencies across the board after the Fed hiked rates for the third time since the financial crisis.

The Week Ahead: Dollar Mixed as Trump Pro-Growth Policies Remain Vague

The Week Ahead: Dollar Mixed as Trump Pro-Growth Policies Remain Vague

The U.S. dollar is mixed against majors as the Federal Open Market Committee minutes pointed to an interest rate hike “fairly soon”.

The Week Ahead: US Wages Dampen Strong NFP Impact

The Week Ahead: US Wages Dampen Strong NFP Impact

The U.S. dollar had another difficult week as it depreciated against most major pairs. Trade has been a hot topic of late, which gives higher priority to global trade data to be released this week. 

Five Things The Markets Are Talking About: Monday January 30, 2017

Five Things The Markets Are Talking About: Monday January 30, 2017

It’s not campaign rhetoric any more – capital markets are facing heightened geopolitical and trade risks after U.S President Trump’s executed an executive order last Friday to halt the immigration process from seven predominantly Muslim nations.

Covering the Spread: New Life for Peso Under Trump’s NAFTA?

Covering the Spread: New Life for Peso Under Trump’s NAFTA?

After pulling out of the Trans-Pacific Partnership, Trump has signaled his desire to renegotiate US participation in the longstanding North American Free Trade Agreement. This only adds to near-term uncertainty for the Mexican Peso. What does this mean for companies with cash flows exposed to the peso?

The Week Ahead: Trump Speech Fails to Reignite Dollar Rally

The Week Ahead: Trump Speech Fails to Reignite Dollar Rally

The dollar is mixed against majors after the inauguration of President Trump. The markets did not get enough information on Friday to support the dollar as the tangible pro-growth agenda items were missing from the event. Trump’s speech was delivered in his combative style and he made a pledge to put America first. The protectionist message did not resonate with markets as the dollar and stocks fell.

The Week Ahead: Trump Presser Weakens Dollar Awaiting US Inflation Report

The Week Ahead: Trump Presser Weakens Dollar Awaiting US Inflation Report

The defining moment of the week for the USD came as the first press conference of the President-elect Donald Trump unfolded. Few details on topics the market cared like infrastructure spending or fiscal stimulus were shared while the most combative aspects of his campaign were in full view. Inauguration on Friday, January 20 starts the countdown for the first 100 days of the Trump era that is expected to deliver bold action that could see the USD appreciate across the board

The Week Ahead: US Wage Gains Lift Dollar Despite Jobs Miss

The Week Ahead: US Wage Gains Lift Dollar Despite Jobs Miss

The markets picked up where they left off last year. The release of the FOMC minutes from the December meeting along with President-elect Trump’s tweets impacted prices and almost overshadowed the release of the biggest economic indicator: the non-farm payroll report.

A look back at 2016: The Payments Perspective

A look back at 2016: The Payments Perspective

In the final part of our Payments Perspectives blog series, we take a look back at how corporate treasury specialists coped during an eventful Q4, and what they should prepare for in the face of another volatile year.

The Week Ahead: Fed Highly Anticipated to Hike US Rates

The Week Ahead: Fed Highly Anticipated to Hike US Rates

Fed to finally raise rates in 2016 after turbulent year.

The U.S. Federal Reserve gets ready for the final monetary policy meeting of the year, and just like last year there is a high probability of a rate hike announcement.