FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 30 institutional desks. No promotion.
Live cross-firm bank consensus across 30 desks — FX, oil & gold
View bank forecastsFrom the original
Gold steady as investors await details of US-Iran peace deal brecorder.com
The desk anticipates that the upcoming US April CPI data will play a crucial role in supporting the dollar, particularly as investor sentiment remains cautious amid geopolitical tensions. Per the full note from ing-think, hopes for a ceasefire between the US and Iran have not materialized, contributing to a 4% rise in oil prices and a slight dip in equities. This backdrop suggests that firm inflation data could reinforce the dollar's strength. With no high-impact events on the calendar in the next 30 days, the focus remains squarely on the CPI release.