Central Banks
Central Banks
This page provides a comprehensive overview of central bank activities and insights, aggregating research from 18 leading financial institutions including JPMorgan, Goldman Sachs, Bank of America, and HSBC. By normalizing various bank research PDFs, we aim to present a clear picture of monetary policy developments, economic forecasts, and market implications from these influential desks.
Readers can explore key commentary on central bank meetings, interest rate decisions, and economic indicators that shape the global financial landscape. This aggregation serves as a valuable resource for understanding the dynamics of central banking and its impact on currency markets.
Top bank desks we track
INR supported by RBI reserve accumulation slowing and improving portfolio flows. India's growth premium vs EM peers provides fundamental support, though low beta limits upside.
INR steady with RBI support. Low beta limits upside but provides defensive positioning. Targeting 86.50.
BNP Paribas forecasts EUR/USD at 1.21 by Q4 2026 (5.2% higher vs current 1.15). Consistent with the report's broader thesis: "Gradual USD depreciation in an Expansion regime; EUR and high-yield EM lead, Asia FX lags". Bullish stance on EUR
Citi forecasts USD/MXN at 19.2 by Q4 2026 (4.3% lower vs current 18.4). Consistent with the report's broader thesis: "Out-of-consensus bullish USD; cyclical re-acceleration drives a stronger dollar through H1, fading into year-end". Bearish
Commerzbank forecasts AUD/USD at 0.71 by Q4 2026 (7.6% higher vs current 0.66). Consistent with the report's broader thesis: "USD under pressure on excessive Fed cuts and Fed independence concerns; EUR overvalued but USD overvaluation great
INR supported by improving portfolio flows and RBI policy shift. India growth premium provides fundamental support. Targeting 85.00.
Bullish MXN on carry, nearshoring flows, and USMCA resolution expectations. Positioning is clean after 2025 washout. Banxico's measured easing pace preserves carry advantage. MXN 13% YTD gain not overextended vs EM peers.
Latest bank commentary
Fed and ECB take centre stage at BOJ conference day two fireside chat
· investinglive-cb· May 27, 2026Fed Vice Chair Jefferson and ECB Chief Economist Lane headline day two of the BOJ's IMES conference with a fireside chat on monetary policy and supply shocks, followed by a closing panel including the Bank of England's Lombardelli and Fed's Goolsbee. Programme: Day Two, May 28 —
RBNZ Gov Breman sees weaker growth, inflation. Monitoring.
· investinglive-cb· May 27, 2026Weaker demand and higher costs may be capping broader price pressures, RBNZ Governor Anna Breman said, though she noted parts of the New Zealand economy remain in good shape, citing agriculture and sections of the manufacturing sector as areas of relative resilience. RBNZ rate ho
Fed Gov Cook says rates should hold for now but flags hike risk on stubborn inflation
· investinglive-cb· May 27, 2026Fed Governor Cook says holding rates steady is right for now but warns she is prepared to hike if inflation fails to ease, citing tariffs, Iran war, and AI investment as key price pressures. Summary: Source: Federal Reserve Governor Lisa Cook, remarks prepared for the AI policy f
Bond market selloff
bofa· bofa-research-podcast· May 27, 2026Please join Sphia Salim in conversation with global rates strategists to discuss the broad bond market selloff of the past week. We will explore its drivers across regions and the risks of a further extension of the moves, as well as the policy elements that can cap the rise in y
USD/CAD Rally Above 1.38 Looks “Overdone”: Scotiabank Canadian Dollar Forecast - Exchange Rates Org UK
· google-news-eurusd· May 27, 2026USD/CAD Rally Above 1.38 Looks “Overdone”: Scotiabank Canadian Dollar Forecast Exchange Rates Org UK
AUD/NZD experiences the largest single-day decline since 2022 on divergent drivers
· investinglive-fx· May 27, 2026The pair looks to have reached an inflection point that is leading to a deeper pullback from its recent 13-year high. The RBNZ held its Official Cash Rate steady at 2.25% today but delivered a hawkish surprise. The central bank revealed that its decision was split 3-3, forcing a
Frequently asked questions
- What central banks are covered on this page?
- This page aggregates insights from major central banks including the Federal Reserve (Fed), European Central Bank (ECB), Bank of England (BoE), and Reserve Bank of New Zealand (RBNZ), among others.
- How often is the content updated?
- The content is regularly updated to reflect the latest research and commentary from the 18 institutional desks we cover, ensuring that readers have access to timely information.
- What types of insights can I find on this page?
- You can find insights related to monetary policy decisions, economic forecasts, inflation trends, and analysis of market reactions to central bank announcements.
- Who are the main contributors to the research aggregated here?
- The research is sourced from 18 prominent financial institutions, including Deutsche Bank, Citi, and Barclays, providing a diverse range of perspectives on central banking.
- Can I find specific reports from individual banks?
- While this page aggregates insights, it does not provide direct access to individual bank reports. Instead, it summarizes key findings and commentary relevant to central banks.
Site index
FX BANK FORECAST · COVERAGE
Institutional FX coverage in your inbox
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from eight institutional desks. No promotion.