Please ensure Javascript is enabled for purposes of website accessibility

FX Forecasts

 

View other forecasts

FX Majors 28-Nov-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24
EUR / USD 1.0361 1.03 1.04 1.04 1.05 1.08 1.09 1.09
USD / JPY 138.52 140.00 140.00 135.00 135.00 130.00 127.50 120.00
USD / CHF 0.9463 1.00 0.98 0.98 0.97 0.96 0.96 0.95
GBP / USD 1.2060 1.20 1.10 1.12 1.16 1.18 1.18 1.20
AUD / USD 0.6691 0.68 0.70 0.71 0.72 0.74 0.75 0.77
NZD / USD 0.6210 0.62 0.64 0.66 0.68 0.70 0.72 0.72
USD / CAD 1.3444 1.34 1.32 1.30 1.27 1.25 1.22 1.22
EUR / GBP 0.8591 0.86 0.95 0.93 0.91 0.91 0.92 0.91
EUR / JPY 143.52 144.20 145.60 140.40 141.75 139.75 138.98 130.80
EUR / CHF 0.9805 1.03 1.02 1.02 1.02 1.03 1.05 1.04

Source: Bloomberg, Emirates NBD Research.

FX EM 28-Nov-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24
USD / SAR 3.7579 3.75 3.75 3.75 3.75 3.75 3.75 3.75
USD / AED 3.6730 3.67 3.67 3.67 3.67 3.67 3.67 3.67
USD / KWD 0.3075 0.30 0.30 0.30 0.30 0.30 0.30 0.30
USD / OMR 0.3850 0.39 0.39 0.39 0.39 0.39 0.39 0.39
USD / BHD 0.3770 0.38 0.38 0.38 0.38 0.38 0.38 0.38
USD / QAR 3.6750 3.64 3.64 3.64 3.64 3.64 3.64 3.64
USD / MAD 10.6880 10.50 10.50 10.25 10.00 9.75 9.75 9.75
USD / TND 3.2415 3.12 3.10 3.05 3.00 2.95 5.95 2.95
USD / CNY 7.2042 7.15 7.15 7.15 7.10 7.00 7.00 6.90
USD / SGD 1.3775 1.37 1.37 1.36 1.35 1.35 1.33 1.32

Source: Bloomberg, Emirates NBD Research.