In their June 2017 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections:
In Brief
- The Euro reached its best level in 7 months
- France elected Emmanuel Macron
- Oil prices remain low after extension of OPEC’s production curtail
- US performance slowed, although GDP revised upward
In Focus
- The Euro has strengthened as the euro-zone’s growth stayed consistent
The View – The strength of the USD is on the decline as confidence in the US economy fades with concerns over the administration in Washington
- Trump’s plans for economic expansion are put on hold
- Although US wages have suffered, unemployment has decreased
- Germany’s Chancellor Angela Merkel sends signs of separation from interests and values with the US
IBC Members can download the complete Currency Outlook from the members-only section of the IBC website under the Special Reports section. IBC membership is free for all regular IHA members – to learn more and to join, visit the IBC membership information page.
