FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 36 institutional desks. No promotion.
Dollar strength to continue, UBS says, forecasting EUR/USD end year below parity Investing.com
| Firm |
|---|
| Stance |
|---|
| YE 2026 |
|---|
Société Générale | Bearish | 1.1400 |
Scotiabank | Bearish | 1.1200 |
Commerzbank | Bullish | 1.2200 |
All 30 desk targets for EUR/USD
Desk synthesis pending
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How we cover this story
Lower Fed terminal rate pricing narrows USD/EUR support; monitor PCE prints for conviction shifts in carry unwind risk.
Lower Fed rate hike odds reduce carry support for USD and extend EUR/USD reprieve; monitor next inflation print for hike probability reset.
ECB hawkish expectations tighten rate differential vs USD, supporting EUR/USD through policy divergence premium.
EUR/USD spot sits at 1.1571, just 0.25% below the 30-firm median Dec-26 target of 1.16, but a 0.14 dispersion range signals deep disagreement beneath the surface.
EUR/USD spot at 1.15705 sits just 0.25% below the 30-firm median Dec-26 target of 1.16, masking a 0.14 dispersion range from Citi's 1.10 to Nordea's 1.24.
EUR/USD spot sits 0.49% below the 30-firm median Dec-26 target of 1.16, with a 0.14 dispersion range signalling meaningful disagreement beneath a neutral headline bias.
30 investment banks see EUR/USD at 1.1628 by Dec 2026
View the live EUR/USD forecast