Monthly FX Poll

Thursday, 5 May 2022

Forecasts for EURUSD have decreased, looking back from the poll last month. On the short term (2022) and medium term (2023) the median forecast has dropped on average by 2 cents. On the long term (2024 and further) the median is still around the same levels as the prior month. The exception here is the 1 cent drop in 2026 (from 1.21 to 1.20).

 

In Asia, the situation is different for EURJPY. In the short term (2022) there is an increase in the median forecast. In the medium term (2023) we also see an increase in the median. In the long term (2024 and 2025) there is an increase in the median, but the number is flattening.

 

Back in Europe the median forecast for EURGBP shows something different. In the short (2022 and 2023) and medium (2024) term there are slight differences, but the median is relatively stable. In the long term (2025) the median forecast increased from 0.84 to 0.87.

 

In Switzerland, the short term (2022 and beginning 2023) shows a little decrease. The medium term shows an increase and there is a long new term (2025) forecast of 1.11.

 

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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Maria Thorvardardottir

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Maria Thorvardardottir