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FX Outlook 2026: Navigating the Turn

LIVE28 November 2025USD bearish

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USD/USD

Name: Investment Bank FX Research Directory
Creator: FX Bank Forecast
License: https://fxbankforecast.com/terms
Keywords: bank FX research, investment bank reports, FX strategy, institutional research directory, bank forecasts

Moderately bearish USD -- the turn is underway but will be gradual. US growth re

Moderately Bearish

Key Drivers

Fed easing cycle

Twin deficit headwinds

US growth resilience

European fiscal stimulus

Global rebalancing

All Firm Targets (Dec '26)

Analysis Summary

Moderately bearish USD -- the turn is underway but will be gradual. US growth resilience limits downside vs more aggressive calls. DXY 95.0 target reflects measured depreciation. Selectivity key in choosing USD shorts.

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