Research
Research
This page is part of FX Bank Forecast — an aggregator that normalises bank research PDFs into a searchable forecast and commentary database. Explore the top desks below or jump straight to the consolidated /forecasts and /reports indexes.
We refresh bank research every 15 minutes through our pdf-intake worker. New trade ideas, currency views, and quarterly forecasts surface automatically across the relevant currency, pair, and firm pages.
Top bank desks we track
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.
INR steady with RBI support. Low beta limits upside but provides defensive positioning. Targeting 86.50.
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
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
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
INR supported by improving portfolio flows and RBI policy shift. India growth premium provides fundamental support. Targeting 85.00.
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
PBOC resumes injections after two-day pause that forced banks to deploy idle cash
· investinglive-cb·China's PBOC resumed liquidity injections Friday after a two-day pause, but withdrew a net 682.7bn yuan for the week, its biggest weekly cash pull in three months, in a push to force idle bank cash into the broader economy. Summary: The following draws on PBOC statements and Reut
The Commodities Feed: Oil slides despite stalled US-Iran talks
ing· gmail-imap·https://think.ing.com/articles/the-commodities-feed-oil-falls-despite-little-sign-of-progress-in-us-iran-talks050626/
The Commodities Feed: Oil slides despite stalled US-Iran talks
ing· gmail-imap·https://think.ing.com/articles/the-commodities-feed-oil-falls-despite-little-sign-of-progress-in-us-iran-talks050626/
The Commodities Feed: Oil slides despite stalled US-Iran talks
ing· ing-think·EUROPE: The oil market continues to trade on expectations of an imminent resumption in energy flows from the Persian Gulf. This leaves significant upside risk as inventories fall and we move closer towards the stronger demand period of the third quarter
RBA's Hauser due to speak, hawkish tilt expected after Harper's inflation warning
· investinglive-cb·RBA Deputy Governor Andrew Hauser speaks at a Sydney fireside chat on Australia's economic outlook, with markets watching for any signal on the path of rates after a hawkish week for RBA rhetoric. 2.30pm Sydney time / 0430 GMT/ 0030 US Eastern time Summary: RBA Governor Bullock r
PBOC sets USD/ CNY reference rate for today at 6.8157 (vs. estimate at 6.7735)
· investinglive-cb·The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. more to come This article was written by Eamonn Sheridan at investinglive.com.
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Aggregated year-end forecasts, scenario shifts, and curated analyst notes from eight institutional desks. No promotion.