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.