FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 36 institutional desks. No promotion.
Live cross-firm bank consensus across 36 desks — FX, oil & gold
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The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC) Operations and Legal Sub-Committees. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.
The desk views the recent commentary from the FXJSC Operations Sub-Committee meeting as indicative of a stable FX market despite rising geopolitical tensions and operational challenges. The meeting highlighted no significant operational issues in the face of increased FX volumes, which is critical context for traders approaching the market environment post-March 2026. Per the full note [source], the absence of material operational challenges is a reassuring signal amidst elevated trading activity, which could influence liquidity and price volatility in the coming months.