Forecasts
Forecasts
Welcome to the 'Forecasts' page on FX Bank Forecast, where we aggregate and normalize foreign exchange research from 18 leading institutional desks, including JPMorgan, Goldman Sachs, Bank of America, and HSBC. Our platform provides a comprehensive overview of currency forecasts, allowing you to easily access insights from top banks in the industry.
Here, you can explore various projections and analyses related to currency pairs, interest rates, and economic indicators. By consolidating research from multiple sources, we aim to provide a clearer picture of market expectations and trends, helping you make informed decisions in the dynamic world of foreign exchange.
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
UBS Pound To Dollar Year-End Forecast: GBP/USD To See 1.40 By 2027 - Exchange Rates Org UK
ubs· google-news-eurusd· Jun 2, 2026UBS Pound To Dollar Year-End Forecast: GBP/USD To See 1.40 By 2027 Exchange Rates Org UK
The National Bank of Poland kept rates on hold in June
ing· gmail-imap· Jun 2, 2026https://think.ing.com/snaps/national-bank-of-poland-rates-on-hold-in-june/
Rates Spark: The real deal
ing· ing-think· Jun 2, 2026Oil and inflation dominate near-term direction for rates. But on a longer view, real rates highlight a backdrop, where better growth hopes and record bond supply keep long-end pressure intact. Recession fears are the clear risk to that. But in the absence of recession, inflation
The National Bank of Poland kept rates on hold in June
ing· ing-think· Jun 2, 2026POLAND: In the wake of the decline in CPI inflation in May, the Monetary Policy Council (MPC) is not in a rush to hike interest rates. Policymakers have more time to assess the impact of the energy shock on the inflation outlook and the real economy prospects. We do not expect ha
Bank of England's Greene: Risk of acting is less severe than the risk of failing to act
· investinglive-cb· Jun 2, 2026The irks of acting, even if inflation is less persistent, is less severe than the risk of failing to act The market is pricing in a 50% chance of a rate hike at the July 30 meeting. I suspect that which way that breaks will depend on the war. This article was written by Adam Butt
Euro Credit Supply: Supply continues at a strong pace
ing· gmail-imap· Jun 2, 2026https://think.ing.com/reports/euro-credit-supply-supply-continues-at-a-strong-pace/
Frequently asked questions
- What types of forecasts are available on this page?
- The 'Forecasts' page features currency projections, interest rate outlooks, and economic analyses from 18 major banks, offering a diverse range of insights.
- How often is the forecast data updated?
- Forecast data is updated regularly as new reports are released by the institutional desks we cover, ensuring you have access to the latest insights.
- Which banks' forecasts are included in the aggregation?
- We aggregate research from 18 prominent banks, including Barclays, BNP Paribas, Citi, and Deutsche Bank, among others.
- Can I find specific currency pair forecasts here?
- Yes, the page includes forecasts for various currency pairs, reflecting the views of multiple institutional desks on expected exchange rate movements.
- Are the forecasts based on historical data?
- While some forecasts may consider historical data, they primarily reflect current market conditions and economic outlooks as interpreted by the 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.