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ING

FX targets via market commentary

LIVE11 June 2026USD bearish

ING holds a bearish-USD view for 2026 — see its Dec-2026 currency targets, conviction trades and macro scenarios, or compare against the live cross-firm consensus →

FX Volatility

ING volatility outlook, carry-to-vol analysis, and event risk

Carry-to-Vol Screen

Overview

Low and trending lower; benign risk environment · Vol to decline further as central banks near terminal rates · Low (2-3 decile) expected for 2026

10 carry pairs · 6 FXO themes · 2 event risks

10 carry pairs · 6 FXO themes · 2 tracked events behind the gate.

FX BANK FORECAST · COVERAGE

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

FX Volatility — ING