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.1.15975
BiasBullish
GBP/USD
Avg.1.34125
BiasSideways
USD/JPY
Avg.160.20
BiasBullish
USD/CHF
Avg.0.79400
BiasBearish
AUD/USD
Avg.0.70875
BiasBullish
NZD/USD
Avg.0.58467
BiasSideways
USD/CAD
Avg.1.39100
BiasSideways
GBP/JPY
Avg.215.00
BiasBullish
EUR/JPY
Avg.186.00
BiasBullish
EUR/GBP
Avg.0.86300
BiasBearish
BTC/USD
Avg.60,833.33
BiasSideways
XAU/USD
Avg.4,440.00
BiasBullish
WTI US OIL
Avg.91.125
BiasBullish
1 Month
EUR/USD
Avg.1.17100
BiasBullish
GBP/USD
Avg.1.33700
BiasBearish
USD/JPY
Avg.157.69
BiasBearish
USD/CHF
Avg.0.79138
BiasBearish
AUD/USD
Avg.0.71383
BiasBullish
NZD/USD
Avg.0.59020
BiasBullish
USD/CAD
Avg.1.38091
BiasBearish
GBP/JPY
Avg.213.40
BiasBearish
EUR/JPY
Avg.185.80
BiasBullish
EUR/GBP
Avg.0.87367
BiasBullish
BTC/USD
Avg.63,666.67
BiasBullish
XAU/USD
Avg.4,575.71
BiasBullish
WTI US OIL
Avg.98.100
BiasBullish
1 Quarter
EUR/USD
Avg.1.18156
BiasBullish
GBP/USD
Avg.1.34833
BiasBullish
USD/JPY
Avg.156.91
BiasBearish
USD/CHF
Avg.0.78900
BiasBearish
AUD/USD
Avg.0.72325
BiasBullish
NZD/USD
Avg.0.59627
BiasBullish
USD/CAD
Avg.1.37064
BiasBearish
GBP/JPY
Avg.212.84
BiasBullish
EUR/JPY
Avg.185.85
BiasNeutral
EUR/GBP
Avg.0.88100
BiasBullish
BTC/USD
Avg.69,833.33
BiasBullish
XAU/USD
Avg.4,827.43
BiasBullish
WTI US OIL
Avg.94.111
BiasBullish
Weekly Forecast
The EUR/USD pair edged lower and settled around 1.1550, trading at levels last seen in early April. Market participants finally gave up on optimism, with a combination of war-related fears and upbeat United States (US) data boosting the US Dollar (USD) demand by the end of the week.
More than three months after the start of the Iran war and the resulting disruption to global energy markets, the US economy continues to display remarkable resilience. The conflict has triggered a sharp rise in Oil prices, reignited inflationary pressures and fueled widespread concerns about a potential economic slowdown.
Following the previous week’s indecisive action, Gold (XAU/USD) remained stuck in a relatively tight range for the majority of the week before falling sharply on Friday as markets reacted to the persistent Middle East uncertainty and impressive macroeconomic data releases from the US.
Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.
The US Dollar Index (DXY) is holding gains for the second successive day and trading around 100.10 during the Asian hours on Monday. The Greenback receives support from increased safe-haven demand after the Israeli military stated a missile had been launched from Yemen towards Israeli territory, which has been intercepted by its aerial defense systems.
Fed Chair Warsh’s first meeting approaches as key US inflation data could reshape expectations. Oil prices remain elevated as US-Iran talks continue; tariffs also return to the spotlight. ECB is expected to hike; will it be a one-off move or is July live?