FX BANK FORECAST · COVERAGE
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Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 38 institutional desks. No promotion.
FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 38 institutional desks. No promotion.
Research grouped under the Event Preview pillar — consensus, dispersion, and the gap to spot across firms. Every piece links back to the underlying firm reports.
USD/INR trades at 95.83, some 8.16% above the 19-firm Dec-26 consensus of 88.6, leaving spot well above where most desks expect the pair to settle.
AUD/USD trades at 0.7119, just 0.27% above the 24-firm Dec-26 consensus of 0.71, masking a 0.08 dispersion that frames the RBA decision as a binary catalyst.
USD/MXN trades at 17.23, roughly 3.5% below the 18-firm Dec-26 consensus of 17.85, as Banxico prepares its September 24 decision.
USD/ZAR spot at 16.30 sits 1.27% above the 17-firm Dec-26 consensus of 16.10, with a 2.5-figure dispersion separating the most bearish and bullish desks.
USD/CHF trades at 0.8244, some 5.69% above the 20-firm Dec-26 consensus of 0.78, leaving the pair well above where the street expects it to end the year.
USD/BRL spot at 5.1262 sits 0.51% above the 18-firm Dec-26 consensus of 5.10, with a 1.20-figure dispersion signalling deep disagreement on the BRL path.
USD/JPY trades at 153.53, 1.01% above the 23-firm Dec-26 consensus of 152.0, with a 25.5-point dispersion signalling deep disagreement ahead of the BoJ.
GBP/USD trades at 1.3526, 0.54% below the 20-firm Dec-26 consensus of 1.36, with a 0.26-point dispersion that frames sharply divergent BoE reaction scenarios.
EUR/USD trades at 1.1640, a 0.51% discount to the 30-firm Dec-26 consensus of 1.17, with a 0.14 spread separating Nordea from Citi.
USD/TRY spot at 48.44 sits 3.6% below the 18-firm Dec-26 consensus of 50.25, with a 12.8-point spread separating the most and least bearish desks.
EUR/USD trades at 1.1626, 0.63% below the 30-firm Dec-26 consensus of 1.17, with a 0.14 spread separating the most and least bullish desks.
NZD/USD trades at 0.5943, roughly 1% below the 20-firm Dec-26 consensus of 0.60, with a 0.07 spread separating the most and least bullish desks.
USD/CAD trades at 1.3877, roughly 2.79% above the 25-firm Dec-26 consensus of 1.35, framing the BoC decision as a key catalyst for realignment.
USD/KRW spot at 1393.87 sits 1.01% above the 18-firm Dec-26 consensus of 1380, with a 180-point dispersion signalling meaningful disagreement on the path.
AUD/USD trades at 0.7033, just 0.47% above the 24-firm Dec-26 consensus of 0.70, leaving the pair broadly in line with street expectations ahead of the RBA.
USD/MXN trades 3.19% below the 19-firm Dec-26 consensus of 17.90, leaving the pair well positioned ahead of Banxico's August 6 decision.
USD/BRL trades at 5.0731, just 0.53% below the 19-firm Dec-26 consensus of 5.10, with a 1.20-figure dispersion masking sharply divergent BCB rate views.
USD/INR trades at 95.65, roughly 10.3% above the 18-firm Dec-26 consensus of 86.75, leaving the pair acutely exposed to any dovish RBI surprise.
USD/JPY trades at 163.85, nearly 10% above the 23-firm Dec-26 consensus of 149.0, as the BoJ holds rates at 1% on July 31.
GBP/USD trades at 1.3311, roughly 1.4% below the 21-firm Dec-26 consensus of 1.35, with a 0.23-point spread separating the most and least bullish desks.
EUR/USD trades 1.93% below the 29-firm Dec-26 median target of 1.16 ahead of the July 29 FOMC decision, with a 0.20 spread separating the most and least bullish desks.
USD/ZAR trades at 16.55, roughly 2.33% above the 18-firm Dec-26 consensus of 16.175, with a 2.5-figure spread separating the most and least constructive desks.
EUR/USD trades at 1.1426, roughly 2.35% below the 28-firm Dec-26 consensus of 1.17, with a 0.20 spread separating the most and least bullish desks.
USD/TRY trades at 47.05, roughly 6.4% below the 18-firm Dec-26 consensus of 50.25, leaving the lira looking stretched ahead of the TCMB's July 23 hold decision.
USD/KRW spot at 1498.87 sits 8.61% above the 18-firm Dec-26 consensus of 1380, flagging a wide bearish skew into the BoK decision.
USD/CAD trades at 1.4157, roughly 4.87% above the 23-firm Dec-26 consensus of 1.35, framing the BoC decision as a key near-term catalyst for the pair.