Here's some of the banks forecasts going into 2017
Parity for the euro, 130 for USDJPY were some of the big calls for 2016. How are the tea leaves shaping up for 2017?
Our mates at eFX News have the forecasts from over 25 of the worlds biggest banks. Here's some of them.
EURUSD (average/hi/lo)
Q1 1.0448 - Highest 1.1700 - Lowest 0.9800
Q2 1.0346 - Hi 1.1800 - Lo 0.9500
Q3 1.0374 - Hi 1.2000 - Lo 0.9500
Q4 1.0368 - Hi 1.1200 - Lo 0.9500
USDJPY
Q1 113.21 - Hi 119.00 - Lo 102.00
Q2 114.04 - Hi 120.00 - Lo 101.00
Q3 114.91 - Hi 125.00 - Lo 100.00
Q4 115.71 - Hi 128.00 - Lo 100.00
GBPUSD
Q1 1.2083 - Hi 1.2440 - Lo 1.1400
Q2 1.2065 - Hi 1.2600 - Lo 1.1200
Q3 1.2160 - Hi 1.2900 - Lo 1.0900
Q4 1.2210 - Hi 1.3300 - Lo 1.0600
It should be noted that some of the bank forecasts are pre & post-FOMC. There's some whacky numbers in there, most notably those low cable calls which came from one bank.
To see all the forecasts for over 100 currency pairs, check out a free trial with eFX News here.
