Research
Research
Welcome to the research page of FX Bank Forecast, your go-to aggregator for institutional FX research. We compile insights and analyses from 18 leading financial institutions, including JPMorgan, Goldman Sachs, Bank of America, and HSBC, providing a comprehensive overview of market trends and forecasts.
Our platform normalizes research PDFs from these esteemed desks, enabling you to access valuable information on currency movements, economic indicators, and central bank policies. By consolidating diverse perspectives, we help you make informed decisions in the ever-evolving foreign exchange market.
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
Fed's Hammack: Today's jobs report reaffirms that the jobs market is roughly in balance
· investinglive-cb·The Fed's Hammack is a hawk so her highlighting today's jobs report isn't a big surprise but it's notable as a sign of which way the wind is blowing on Fed policy. She wrote: The Federal Reserve’s inflation objective is 2 percent.That number isn’t just theoretical; price stabilit
Oil Bearishness at 10-Year High
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Data Flash: Canadian labour market data bounced back in May
rbc· gmail-imap·RBC Royal Bank https://click.website.rbc.com/?qs=ABB7InYiOjEsImQiOjQ4OTh9AAQAAAAAAIohXxL6Hh5UZ2CfFhZJJbIUvTM3Fgb3ALl3nz4Wa7WtkzlWGAeF_BXcLH3iu8dzIav-M-bon7IB63_mArdQMMcyIJGWQZLISqcB0w View Online
Firm US jobs numbers boost rate hike chances, but lack of breadth remains a concern
ing· gmail-imap·https://think.ing.com/articles/firm-us-jobs-numbers-boost-rate-hike-chances-but-lack-of-breadth-remains-a-concern/
Firm US jobs numbers boost rate hike chances, but lack of breadth remains a concern
ing· gmail-imap·https://think.ing.com/articles/firm-us-jobs-numbers-boost-rate-hike-chances-but-lack-of-breadth-remains-a-concern/
Firm US jobs numbers boost rate hike chances, but lack of breadth remains a concern
ing· ing-think·NORTH AMERICA: Yet another stronger-than-expected US jobs number in an environment of rising inflation is fuelling expectations of a Fed rate hike before the end of the year. Nonetheless, there is a lack of breadth in job creation and wage growth is slowing, meaning household fin
Frequently asked questions
- What types of research are available on this page?
- This page aggregates FX research from 18 institutional banks, providing insights on currency trends, economic indicators, and central bank policies.
- Which banks are included in the FX research coverage?
- Our coverage includes major banks such as JPMorgan, Goldman Sachs, Bank of America, HSBC, and many others.
- How can I use the research provided on this page?
- You can use the aggregated research to gain insights into market trends and make informed trading decisions.
- Are the insights on this page updated regularly?
- Yes, the research is continuously updated to reflect the latest analyses and commentary from the participating banks.
- Can I access the original research documents?
- Yes, the platform provides links to the original research PDFs for deeper insights and detailed analyses.
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Aggregated year-end forecasts, scenario shifts, and curated analyst notes from eight institutional desks. No promotion.