Forex Forecast Poll
The Forex Forecast 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.1 Week
EUR/USD
Avg.1.14162
BiasBearish
GBP/USD
Avg.1.32975
BiasBearish
USD/JPY
Avg.157.81
BiasBullish
USD/CHF
Avg.0.82875
BiasBullish
AUD/USD
Avg.0.70612
BiasBearish
NZD/USD
Avg.0.56750
BiasBearish
USD/CAD
Avg.1.39917
BiasSideways
GBP/JPY
Avg.211.57
BiasBullish
EUR/JPY
Avg.181.43
BiasBullish
EUR/GBP
Avg.0.86033
BiasBullish
BTC/USD
Avg.80,933.33
BiasBearish
XAU/USD
Avg.4,288.33
BiasBearish
WTI US OIL
Avg.95.25
BiasSideways
1 Month
EUR/USD
Avg.1.14488
BiasBearish
GBP/USD
Avg.1.33812
BiasNeutral
USD/JPY
Avg.157.16
BiasNeutral
USD/CHF
Avg.0.83000
BiasBullish
AUD/USD
Avg.0.69988
BiasBearish
NZD/USD
Avg.0.57367
BiasNeutral
USD/CAD
Avg.1.41117
BiasBullish
GBP/JPY
Avg.211.58
BiasBullish
EUR/JPY
Avg.181.22
BiasBullish
EUR/GBP
Avg.0.85700
BiasBearish
BTC/USD
Avg.79,900.00
BiasSideways
XAU/USD
Avg.4,428.33
BiasBullish
WTI US OIL
Avg.92.00
BiasSideways
1 Quarter
EUR/USD
Avg.1.14837
BiasNeutral
GBP/USD
Avg.1.34375
BiasNeutral
USD/JPY
Avg.157.21
BiasNeutral
USD/CHF
Avg.0.81938
BiasNeutral
AUD/USD
Avg.0.70375
BiasNeutral
NZD/USD
Avg.0.58317
BiasBullish
USD/CAD
Avg.1.44183
BiasBullish
GBP/JPY
Avg.211.30
BiasBullish
EUR/JPY
Avg.181.50
BiasBullish
EUR/GBP
Avg.0.86683
BiasBullish
BTC/USD
Avg.80,168.33
BiasNeutral
XAU/USD
Avg.4,835.00
BiasBullish
WTI US OIL
Avg.90.00
BiasBearish
Weekly Forecast
The EUR/USD pair closed the week below 1.1500, not far above a fresh multi-week low of 1.1454. The US Dollar (USD) rallied following the Federal Reserve’s (Fed) monetary policy announcement, the sole market catalyst this past week.
The Bank of Japan (BoJ) raised its short-term interest-rate target to 1.25% from 1.00% in a 7-2 vote, marking another step in the normalisation of monetary policy and widely matching what everyone has been expecting for weeks.
The precious metal started the week in quite a bearish mood, further extending the almost uninterrupted leg lower after August tops near the $4,700 mark per troy ounce. However, market sentiment made a U-turn in the second half of the week. It was not the Federal Reserve (Fed), reignited geopolitical tensions, the US Dollar (USD) or Treasury yields.
Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.
A very positive week saw the US Dollar (USD) climb to new seven-week tops, mostly backed by the hawkish tilt at the FOMC event on Wednesday while unabated strength in Crude Oil prices have also underpinned the move during the first half of the week.
Fed’s hawkish hike adds fuel to Dollar’s engines. US, Eurozone and UK flash PMIs to test inflation and growth outlooks. SNB set to stand pat amid low inflation and still-strong Franc. Trump–Xi talks could impact Aussie, Kiwi and risk sentiment.