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Currencies Forecast Poll


The Forex Forecast Poll is a currency sentiment tool that highlights our selected experts' near and medium term mood and calculates trends according to Friday's 15:00 GMT price. The #FXpoll is not to be taken as signal or as final target, but as an exchange rates heat map of where sentiment and expectations are going.

Pair Average levels
1 Week 1 Month 1 Quarter
EURUSD 1.0975 1.0874 1.0631
GBPUSD 1.5178 1.5131 1.4775
USDJPY 123.83 122.29 123.00
USDCHF 0.9392 0.9542 0.9863
AUDUSD 0.7543 0.7646 0.7477
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.2531 1.2414 1.2573
NZDUSD 0.7046 0.7215 0.7080
GBPJPY 189.22 185.03 183.98
EURJPY 136.13 133.13 130.94
EURGBP 0.7180 0.7166 0.7076

*Updated on Fridays at 15:00*

June 1 to 5, 2015

EURUSD 1 Week 1 Month 1 Quarter 1 Week 1 Month 1 Quarter
Levels Trend
Fri, May 29 2015, 17:00 GMT
Adam Narczewski 1.0850 1.0700 1.0500 Bearish Bearish Bearish
Anil Panchal 1.0650 1.0980 1.0830 Bearish Sideways Sideways
ANZ FX Strategy Team - 1.0900 0.9800 - Sideways Bearish
Austin Galt 1.0900 1.1200 1.1500 Bearish Bullish Bullish
BMO Capital Markets Team - 1.1100 1.1100 - Bullish Sideways
BNP Paribas Team - - 1.0700 - - Bearish
BoA FX, Rates and Commodities Team - 1.0500 1.0200 - Bearish Bearish
CIBC World Markets Team - 1.0700 1.0500 - Bearish Bearish
Claudiu Cazacu 1.1050 1.0600 1.0400 Bullish Bearish Bearish
Commerzbank Analyst Team - - 1.1000 - - Sideways
Danske Research Team - 1.1300 1.0800 - Bullish Sideways
Goldman Sachs Global Investment Research - - 1.0200 - - Bearish
Growth Aces Research Team 1.1080 1.1200 1.1500 Bullish Bullish Bullish
Haresh Menghani 1.0825 1.0685 1.0510 Bearish Bearish Bearish
HSBC Global Research Team - 1.0500 1.0540 - Bearish Bearish
ING Global Economics Team - 1.0800 1.0000 - Bearish Bearish
J.P. Morgan Global FX Strategy - 1.1200 1.0600 - Bullish Bearish
Jameel Ahmad 1.1000 1.0800 1.0600 Sideways Bearish Bearish
Jeff Langin 1.0950 - - Sideways - -
Mauricio Carrillo 1.1200 1.1000 1.1500 Bullish Sideways Bullish
NAB Global Markets Research - 1.1300 1.0800 - Bullish Sideways
Nenad Kerkez 1.0825 - - Bearish - -
Rabobank Financial Markets Research Team - 1.0900 1.0800 - Sideways Sideways
RBS Team - 1.1000 1.0600 - Sideways Bearish
Richard Perry 1.1065 1.0800 1.0500 Bullish Bearish Bearish
Ross Yamashita 1.0800 1.1300 1.0500 Bearish Bullish Bearish
Saxo Bank Team - - 1.0400 - - Bearish
Scotiabank FX Strategy Team - 1.1200 1.0800 - Bullish Sideways
Scott Barkley 1.1650 1.0500 1.0725 Bullish Bearish Bearish
TD Securities Research Team - 1.0500 1.0000 - Bearish Bearish
UBS FX Research Team - - 1.0500 - - Bearish
UOB Group Team - - 1.0300 - - Bearish
Valeria Bednarik 1.0860 1.0720 1.0460 Bearish Bearish Bearish
Vasilis Tsaprounis 1.1100 1.0800 1.0800 Bullish Bearish Sideways
Westpac Institutional Bank Team - 1.0600 1.1000 - Bearish Sideways
Yohay Elam 1.0800 1.0700 1.0500 Bearish Bearish Bearish
Average 1.0975 1.0874 1.0631 Sideways Sideways Sideways

EURUSD Comments:

  • Anil Panchal:

    With the pair's break of 1.0955, the pair could extend its decline to 1.0650

  • Growth Aces Research Team:

    We expect the EUR/USD to rebound and reach the target of our long position at 1.1140 in the first half of this week. Our optimism is based on expected good final Eurozone PMI data and a slightly firmer HICP estimate. The outlook on the second half of the week is unclear. The European Central Bank meets on Wednesday and there are some important topics to discuss. First of all, the central bank will release its new macroeconomic forecasts. The updated set of forecasts is unlikely to show significant changes from three months ago. The short-term outlook is moving broadly in line with the ECB’s expectations. The GDP growth forecast for 2015 is likely to be confirmed at 1.5% and inflation forecast will be probably revised slightly up due to a rise in oil prices. An upward revision in inflation forecast should support the EUR. The ECB is also likely to discuss the recent wave of selloffs in the fixed income market. There is a risk that ECB President Draghi may sound worried on the recent developments in bonds market. On the one hand, the ECB should be satisfied with the normalization of long-term rates to the levels that reflect improving growth and diminishing deflation fears. On the other hand, Draghi will probably reiterate that the central bank stands ready to counter any unwarranted tightening in financial conditions that may threaten the inflation target. We may also see a solid US non-farm payroll number of around 220k on Friday.

  • Jameel Ahmad:

    After a steep fall, the Euro will attempt to recover losses against the Dollar. However, this will be limited to 1.10 and we would need to close above this level for the sentiment to be more bullish.

  • Jeff Langin:

    A seesaw battle at least until U.S. employment numbers are in

  • Nenad Kerkez:

    After some good news from Greece and EU the pair should jump to 1.1050 where it could reject towards 1.0825

  • Richard Perry:

    Despite a near term rebound, the bears are back I control and this should continue to put pressure on the supports over the coming weeks.

  • Scott Barkley:

    trending again

  • Yohay Elam:

    Draghi could hit the euro hard

Risk Disclosure

This forecast has just an informative meaning and cannot be treated as the guide to action, signal, recommendation or an offer to carry out certain trading operation. The experts of this poll expresses personal opinions and will not assume any responsibility whatsoever for the actions of the reader.We always aim for maximum accuracy, and FXStreet cannot be held responsible for inaccurate information or typos.

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