The forecasts for the EURUSD have decreased a bit since last month. Median forecasts for Q2 have decreased, while other short term forecasts (Q3 & Q4) have remained stable. On the longer term (2022 -2024) median forecasts have decreased as well.
In Asia, for the EURJPY to be precise, forecasts have increased on the short term (Q2 – Q4) for both the median and mean. Medium term forecasts (2022) have remained stable, while long term forecasts (2023 -2024) have mostly increased.
Going back to Europe, the forecasts for the EURGBP have been moving down for both the short and the long term. In Switzerland, the forecast for the EURCHF has increased for both the short and the long term.
Our Monthly FX Poll consists of more than just these four major currency pairs, so please find in our Monthly FX Poll an overview of the predictions of approximately 50 leading banks and brokers for the most commonly traded currency pairs (including the date for each party).