Since last month there has been some movement in the forecasts for the EURUSD. Short term median forecasts (Q3 & Q4) have decreased a bit, while long term median forecasts (2023 – 2025) have increased some. Medium term median forecasts (2022) and mean forecasts have remained rather stable.
Forecasts for the EURJPY have increased on the short term (Q2 – Q4), for both the median and mean. Medium term forecasts (2022 – 2023) have remained pretty stable, whilst longer term forecasts (2024) have decreased quite a bit.
In Europe, forecasts for the EURGBP have remained stable for the short and medium term, whilst forecasts for the longer term (2024) have increased. In Switzerland, the forecasts for the EURCHF have remained almost the same.
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).