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Research

Research

Welcome to the research page of FX Bank Forecast, where we aggregate and normalize FX research from 18 leading institutional desks, including JPMorgan, Goldman Sachs, Bank of America, and HSBC. Our platform provides a comprehensive overview of the latest insights and analyses from top financial institutions, helping traders and investors stay informed on currency trends and market dynamics.

Here, you can explore a variety of research reports and commentary on key economic indicators, interest rate expectations, and market movements. By synthesizing information from renowned banks like Citi, Deutsche Bank, and Société Générale, we aim to equip you with the knowledge needed to make informed decisions in the foreign exchange market.

Top bank desks we track

ANZUSD neutral
Bank of AmericaUSD bearish

INR supported by RBI reserve accumulation slowing and improving portfolio flows. India's growth premium vs EM peers provides fundamental support, though low beta limits upside.

BarclaysUSD bearish

INR steady with RBI support. Low beta limits upside but provides defensive positioning. Targeting 86.50.

BNP ParibasUSD bearish

BNP Paribas forecasts EUR/USD at 1.21 by Q4 2026 (5.2% higher vs current 1.15). Consistent with the report's broader thesis: "Gradual USD depreciation in an Expansion regime; EUR and high-yield EM lead, Asia FX lags". Bullish stance on EUR

CitiUSD bullish

Citi forecasts USD/MXN at 19.2 by Q4 2026 (4.3% lower vs current 18.4). Consistent with the report's broader thesis: "Out-of-consensus bullish USD; cyclical re-acceleration drives a stronger dollar through H1, fading into year-end". Bearish

CommerzbankUSD bearish

Commerzbank forecasts AUD/USD at 0.71 by Q4 2026 (7.6% higher vs current 0.66). Consistent with the report's broader thesis: "USD under pressure on excessive Fed cuts and Fed independence concerns; EUR overvalued but USD overvaluation great

Deutsche BankUSD bearish

INR supported by improving portfolio flows and RBI policy shift. India growth premium provides fundamental support. Targeting 85.00.

Goldman SachsUSD bearish

Bullish MXN on carry, nearshoring flows, and USMCA resolution expectations. Positioning is clean after 2025 washout. Banxico's measured easing pace preserves carry advantage. MXN 13% YTD gain not overextended vs EM peers.

Latest bank commentary

Frequently asked questions

What types of research are available on this page?
This page features aggregated FX research reports, market analyses, and commentary from 18 major banks, providing insights into currency trends and economic indicators.
How often is the research updated?
The research is updated regularly to reflect the latest insights and analyses from the participating banks, ensuring you have access to current information.
Can I find specific reports from individual banks?
Yes, you can find research reports from individual banks such as Barclays, BNP Paribas, and Morgan Stanley, among others, all normalized for easy comparison.
Is the research free to access?
Yes, the aggregated research on our platform is free to access for users looking to gain insights into the FX market.
How can I interpret the insights provided?
The insights provided are meant to inform your understanding of market trends and economic factors; however, they should be considered alongside your own research and analysis.

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