22 July, AtoZForex – Citi bank has provided us with its major G10 currency Forex forecast for traders to acknowledge and use it as a guideline for 2 and 11 months’ timeframes.
G10 Forex forecast
Citi Forex forecast was revised on 4th of July after Brexit developments took place.
Citi Forex forecast | ||
Pair | Sep '16 | Jun '17 |
AUDUSD | 0.72 | 0.74 |
EURUSD | 1.1 | 1.15 |
GBPUSD | 1.25 | 1.28 |
NZDUSD | 0.69 | 0.7 |
USDCAD | 1.3 | 1.26 |
USDCHF | 0.99 | 0.96 |
USDJPY | 103 | 105 |
Source: Citi bank research
Looking at the forecast as a whole, it appears that Citi bank is expecting bread USD weakness throughout most of 2017.
Also see: Is RBNZ rate cut imminent? Technical NZDUSD analysis
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