Monthly FX Poll

Timo Venema
Friday, 1 April 2022
Timo Venema

Forecasts for EURUSD have slightly decreased, looking back from the poll last month. On the short term (2022) and medium term (2023 & 2024) the median forecast has slightly dropped (average around 1 cent). On the long term we see the same trend (slightly decreased median) except for 2025. In 2025 the median dropped 5 cents from 1.24 to 1.19.

 

In Asia, the situation is slightly different for EURJPY. In the short term (2022) and the medium term (2023) the median forecast slightly increased (or stayed the same). The median forecast on the long term (2024) stayed the same and  there was the first median forecast for 2025.

 

Back in Europe median forecast for EURGBP shows something different. On the short term (2022) the forecast was slightly lower (Q2) and the same in the rest of 2022. On the medium term (2023 & 2024) first there is an increase in the median (2023) and then a decrease (2024). For the first time there is a long term (2025) median (0.84).

 

In Switzerland there is a slight decrease in the short term (2022) and a ‘flat’ median for (2023). There is a decrease in the median in the long term (2024).

 

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 common traded currency pairs (including the date for each party).

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