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Research

Research

At FX Bank Forecast, we provide a comprehensive aggregation of FX research from 18 leading institutional desks, including JPMorgan, Goldman Sachs, Bank of America, HSBC, and more. Our platform normalizes bank research PDFs to deliver insights and analysis that are easily accessible and interpretable for traders, analysts, and financial professionals.

Our coverage spans a wide range of topics, including currency forecasts, economic outlooks, and market trends. By consolidating research from multiple reputable sources, we aim to equip our users with the information needed to make informed decisions in the dynamic 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 aggregates FX research from 18 institutional banks, covering currency forecasts, economic analyses, and market trends.
How often is the research updated?
The research is updated regularly as new reports are published by the participating banks.
Can I access reports from specific banks?
Yes, you can find aggregated insights from specific banks such as Goldman Sachs, HSBC, and others within our coverage.
Is there a cost to access the research?
Access to the aggregated research on this page is provided at no cost.
How do I interpret the aggregated research?
The research is normalized for clarity, allowing you to compare insights across different banks and understand the broader market context.

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