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.1.16165
BiasBearish
GBP/USD
Avg.1.35625
BiasNeutral
USD/JPY
Avg.159.30
BiasBearish
USD/CHF
Avg.0.80500
BiasBearish
AUD/USD
Avg.0.71900
BiasSideways
NZD/USD
Avg.0.59367
BiasNeutral
USD/CAD
Avg.1.38533
BiasSideways
GBP/JPY
Avg.217.33
BiasSideways
EUR/JPY
Avg.186.03
BiasBullish
EUR/GBP
Avg.0.85333
BiasBearish
BTC/USD
Avg.80,666.67
BiasBullish
XAU/USD
Avg.29,880.00
BiasBullish
WTI US OIL
Avg.82.62
BiasSideways
1 Month
EUR/USD
Avg.1.15769
BiasBearish
GBP/USD
Avg.1.34427
BiasBearish
USD/JPY
Avg.160.20
BiasBullish
USD/CHF
Avg.0.81288
BiasSideways
AUD/USD
Avg.0.71150
BiasBearish
NZD/USD
Avg.0.59280
BiasBullish
USD/CAD
Avg.1.39390
BiasBullish
GBP/JPY
Avg.217.00
BiasSideways
EUR/JPY
Avg.185.36
BiasBullish
EUR/GBP
Avg.0.85982
BiasBullish
BTC/USD
Avg.75,666.67
BiasBearish
XAU/USD
Avg.14,403.57
BiasBearish
WTI US OIL
Avg.84.00
BiasSideways
1 Quarter
EUR/USD
Avg.1.16535
BiasBullish
GBP/USD
Avg.1.34488
BiasBearish
USD/JPY
Avg.159.41
BiasBearish
USD/CHF
Avg.0.81662
BiasBullish
AUD/USD
Avg.0.71492
BiasBearish
NZD/USD
Avg.0.59582
BiasBullish
USD/CAD
Avg.1.39840
BiasBullish
GBP/JPY
Avg.217.62
BiasBullish
EUR/JPY
Avg.185.45
BiasBearish
EUR/GBP
Avg.0.87000
BiasBullish
BTC/USD
Avg.75,833.33
BiasNeutral
XAU/USD
Avg.14,970.00
BiasNeutral
WTI US OIL
Avg.85.11
BiasSideways
Weekly Forecast
The EUR/USD pair pulled back in the last full week of August, settling a handful of pips below the 1.1600 mark. The US Dollar (USD) was able to post a comeback after suffering steady losses throughout the month, exacerbated by the United States (US) Department of the Treasury announcement of increased long-bond buybacks on August 19.
Japan delivered the inflation and labour data the Bank of Japan needs to move next month and the Japanese Yen is weaker for a fifth consecutive session. Tokyo Consumer Price Index (CPI) inflation excluding food and energy reached 2% in August, the headline rate rose to 1.9%, and unemployment fell to 2.4% against a 2.5% forecast. USD/JPY takes the 160.00 handle regardless, at the high of the day.
After rising nearly 14% in a three-week rally and reaching its highest level since mid-May near $4,700, Gold (XAU/USD) corrected lower to end the week in negative territory. August employment data from the United States (US) could trigger a directional move next week, while the technical picture highlights that the bullish stance persists in the near term.
Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier. Strong institutional demand is supporting the rally, with spot BTC Exchange Traded Funds (ETFs) on track to record a second consecutive week of billion-dollar inflows.
It has already been a positive week for the US Dollar (USD), but a hawkish speech from Chair Kevin Warsh at the Jackson Hole Symposium may have laid the groundwork for a more sustained rebound in the Buck.
Dollar rebounds ahead of ISM PMI and NFP data. RBNZ is expected to raise rates; focus to fall on forward guidance. BoC is set to remain on hold; will it raise rates in 2027?