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Research

Research

At FX Bank Forecast, we aggregate and normalize FX research from 18 leading institutional desks, including renowned firms such as JPMorgan, Goldman Sachs, and HSBC. This comprehensive collection of bank research PDFs provides valuable insights into market trends, currency forecasts, and economic analyses, enabling traders and investors to make informed decisions.

Our platform serves as a one-stop resource for accessing diverse perspectives on foreign exchange markets from major banks like Citi, Deutsche Bank, and Barclays. By synthesizing this information, we aim to enhance your understanding of the FX landscape and help you navigate the complexities of currency trading effectively.

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, offering insights on market trends, currency forecasts, and economic analyses.
How often is the research updated?
The research is updated regularly to reflect the latest insights and analyses from the participating banks.
Can I access reports from specific banks?
Yes, you can find reports from various banks such as Goldman Sachs, JPMorgan, and HSBC, among others, all in one place.
Is there a cost to access the research?
Access to the aggregated research on this page is free, providing valuable information without any subscription fees.
What should I consider when interpreting the research?
While the research provides insights from various banks, it's important to consider the context and methodology behind each report, as well as the differing perspectives among the banks.

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