Currency Forecasts by French bank Paribas

Hello traders!!

These forecasts were released on Monday (day before

yesterday); check out, also, the CitiFX table at the bottom

of the article:

BNP Paribas FX Forecast for 2016 – FX Bank Forecast

Interesting thoughts, going ahead into 2016 (less than

two days away)!

Happy New Year!

May the Forex be With You! :slight_smile:

https://www.google.co.uk/url?sa=t&source=web&rct=j&url=http://www.scotiafx.com/Chart_Feed/FXForecast.pdf&ved=0ahUKEwjl-uKvroPKAhUD1xQKHQlcDmMQFggyMAA&usg=AFQjCNHXlKqTx25qr8VEvjnbhfE9QEr-HQ&sig2=eD75iAdq0NhBRda0W86xNg

Bank of Canada’s forecasts:

https://www.google.co.uk/url?sa=t&source=web&rct=j&url=http://www.rbc.com/economics/economic-reports/pdf/financial-markets/rates.pdf&ved=0ahUKEwjYu6fDj43KAhWHqxoKHet5A5o4ChAWCDkwAg&usg=AFQjCNG56_Rl2sELX0kkVwIxD0Ukx5Jxqg&sig2=eFMIInGuCXX3LL0d2LNYCA

Hi mate
How do you find the banks currency forecasts , do you have the list of them

Hi.

Just perform a Google search for ‘Bank currency forecast 2016’ and you will see a few.

https://www.google.co.uk/url?sa=t&source=web&rct=j&url=https://institutional.deutscheawm.com/content/_media/DBResearch_FX_Forecasts_and_Valuations_7.1.15.pdf&ved=0ahUKEwjO25KF_4_KAhXMuhoKHbCDA-QQFghXMAk&usg=AFQjCNEL6IxbfJ-qQuLaxdArjSIWNau-iQ&sig2=raUGZq3XJ27kVO_yE3mOCg

ScotiaBank have just released their updated forecasts,

including predictions.such as NZD/USD at 0.60 by 2Q of 2016, USD/JPY at 118.00 by 4Q of 2016, and so on:

https://www.google.co.uk/url?sa=t&source=web&rct=j&url=http://www.gbm.scotiabank.com/English/bns_econ/fxout.pdf&ved=0ahUKEwiZiMPa1MTMAhXCWRoKHUHaCSwQFggpMAA&usg=AFQjCNGwfevICbRAZ5riF3cuvPIf_ZkZ3Q&sig2=gFueNPHUQNOX9yZXxdHdyg

Hello everyone!

Looking back on banks’ past currency forecast is always good value for a bit of comedy and laughs…

Here is what Paribas predicted for 2016 for the Pound:


Haha okay, but wait, it gets better: rate hikes too much for you? How about Cable at $1.40 in Q3 of 2016? Or Kiwi at 0.65?

These and more inane musings (a.k.a. ‘forecasts’) by Scotiabank:


…in short: as reliable as spinning weatherc o c k s…

Moral of the story: trust nobody for your trading targets!

Good thread and conclusion
Like the way you research things , patiently with passion

Thank you…

I do not even get paid for this, so it must be love :slight_smile: