FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 36 institutional desks. No promotion.
This lands directly on top of the yen story that had already been building through the week , with USD/JPY drifting back to around 159.50 after intervention drove it as low as roughly 155 last month. Furusawa's comments effectively confirm what the market had started pricing in o
| Firm | Stance | YE 2026 |
|---|
UOB | Bullish | 1.1800 |
ING | Neutral | 1.1700 |
Rabobank | Bullish | 1.1800 |
All 30 desk targets for EUR/USD
Desk synthesis pending
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How we cover this story
Technical overbought conditions in EUR/USD suggest mean-reversion downside to 1.1650 as key support level.
EUR/USD faces technical resistance near fair value; Scotiabank's valuation framework suggests limited upside, supporting USD strength thesis.
Cable trades 0.99% above the 21-firm median Dec-2026 target of 1.35, with a 0.23 spread separating Morgan Stanley's 1.47 bull case from Citi's 1.24 floor.
USD/JPY trades 2.05% above the 23-firm Dec-26 median of 156.0, with a 25.5-point dispersion that reflects deep disagreement on the BoJ rate path.
EUR/USD spot sits just 0.22% below the 30-firm Dec-26 consensus of 1.17, yet a 0.14 dispersion range signals deep disagreement on the path.
30 investment banks see EUR/USD at 1.1654 by Dec 2026
View the live EUR/USD forecast