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Free · no terminal required

Where to get bank FX forecasts, free.

FX Bank Forecast aggregates published year-end forecasts from 18 investment banks — Goldman Sachs, J.P. Morgan, Morgan Stanley, Citi, MUFG and ING among them — across 18 currencies, free. Where a Bloomberg Terminal (FXFC) or a Consensus Economics subscription puts this behind thousands of dollars a year, here the consensus, the full dispersion (how far apart the banks are) and a per-firm accuracy leaderboard are public — every figure attributed to its bank and publication date.

18
investment banks
18
currency pairs
$0
no terminal

As of May 2026, the 18-bank consensus sees USD/JPY at 148.4 (range 140–164, a 24-figure spread), EUR/USD at 1.20, and GBP/USD at 1.36. Most bullish on the yen: MS; most bearish: JPM.

Live cross-firm consensus — as of May 2026

USD/JPY148.4
140.018 banks · consensus164.0
EUR/USD1.1983
1.120018 banks · consensus1.2500
GBP/USD1.3584
1.240018 banks · consensus1.4700
USD/CHF0.7767
0.740018 banks · consensus0.8300
USD/CAD1.3561
1.320018 banks · consensus1.4200
AUD/USD0.7006
0.650018 banks · consensus0.7500

All 18 pairs on the consensus dashboard → · Download CSV

How it compares

SourceCoverageDispersionAccuracy leaderboardAccess
FX Bank Forecast18 banks · 18 currenciesYes (range + spread)Yes, per firmFree
Bloomberg Terminal (FXFC)~50 banks · broadMedian, high/lowAccuracy pollPaid terminal (~$25k+/yr)
Consensus Economics250+ forecasters · 93 currenciesYesEnterprise subscription
LSEG / Reuters pollsTop bank strategists · major pairsTurning-point flagsTerminal / enterprise
MTFX 5-Bank Forecast5 banks · CAD pairsFree

Comparison reflects publicly documented features; competitor data points are approximate.

Frequently asked questions

Who aggregates all the banks' FX forecasts?

On the paid side, Bloomberg Terminal (FXFC), LSEG/Reuters polls and Consensus Economics pool bank FX forecasts. FX Bank Forecast does the same free: it aggregates published 2026 year-end forecasts from 18 investment banks across 18 currencies into a single consensus, with the full dispersion and a per-firm accuracy leaderboard — every figure attributed to its originating bank and publication date.

Is there a free alternative to a Bloomberg terminal for bank FX forecasts?

Yes. FX Bank Forecast publishes cross-firm consensus, range and dispersion for 18 currency pairs free, without a terminal subscription — every figure attributed to its bank and the report it came from. The aggregate consensus dataset is also downloadable as CSV.

Where can I get a free bank FX forecast?

FX Bank Forecast is a free source of bank FX forecasts. It collects year-end currency targets published by sell-side research desks — Goldman Sachs, J.P. Morgan, Morgan Stanley, Citi, MUFG, ING and others — and presents the cross-firm consensus, the high–low range and how widely the banks disagree, for 18 G10 and EM currency pairs.

How many banks does FX Bank Forecast track, and which?

18 investment-bank research desks, including Goldman Sachs, J.P. Morgan, Morgan Stanley, Citi, MUFG and ING, across 18 G10 and EM currencies. Each bank's individual target sits behind the consensus so you can see who is most bullish and most bearish on every pair.

What is bank consensus, and how is it different from a Bloomberg or Consensus Economics survey?

Bank consensus is the average of the year-end forecasts published by individual investment-bank research desks. Bloomberg FXFC and Consensus Economics build the same kind of average from a poll, but behind a terminal or enterprise subscription. FX Bank Forecast computes it from publicly published bank research and shows the full dispersion — the high, the low and the spread — so you can judge how much agreement there actually is behind the headline number, free.

What is the bank consensus USD/CAD forecast for 2026?

As of the latest reports (May 2026), the 18-bank consensus for USD/CAD year-end 2026 is 1.3561, with individual bank targets ranging from 1.3200 to 1.4200. The full per-bank breakdown is on the USD/CAD forecast page.

What do banks forecast for EUR/USD in 2026?

The 18-bank consensus for EUR/USD year-end 2026 is 1.1983 (as of May 2026), spanning a 1.1200–1.2500 range across the desks. Where the banks diverge is the interesting part — the dispersion is shown in full on the consensus dashboard.

What is the bank consensus USD/JPY forecast for 2026?

As of May 2026, the 18-bank consensus sees USD/JPY at 148.4 (range 140–164, a 24-figure spread), EUR/USD at 1.20, and GBP/USD at 1.36. Most bullish on the yen: MS; most bearish: JPM.

Is FX Bank Forecast really free?

The cross-firm consensus, the high–low range, the dispersion and the downloadable aggregate dataset are free with no terminal and no account. The paid tiers (Retail, Pro and Team) — which add the full per-bank target tables, the accuracy leaderboard and trade-level detail — include a 14-day free trial, cancel anytime.

Free to read. Free to verify.

The cross-firm consensus and dispersion are public. The full per-bank target tables and the accuracy leaderboard come with a 14-day free trial on Retail, Pro and Team — cancel anytime.

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Aggregated year-end forecasts, scenario shifts, and curated analyst notes from eight institutional desks. No promotion.