IncisiveFX | Exchange Rate Forecast

Provider Name	4Q24	1Q25	2Q25	3Q25	4Q25
ABN AMRO	1.1325	1.1325	1.1585	1.1446	1.1585
Bank of America	1.2048	1.2289	1.253	1.2771	1.3253
Barclays	1.1205	1.1463	1.1728	1.2	1.2
Capital Economics	1.1667	1.1529
Citi	1.1094		1.1008		1.1008
Commerzbank	1.131	1.1566	1.1807	1.1548	1.1429
Convera	1.133	1.139	1.139	1.138	1.136
Credit Agricole	1.1223	1.1352	1.144	1.1704	1.188
Danske Bank	1.1571	1.1352		1.1088
Desjardin	1.1438	1.1571	1.1616	1.1616	1.1837
Goldman Sachs	1.1585	1.1707		1.2073
HSBC	1.1259	1.1276	1.1412	1.1429	1.1548
ING	1.0941	1.093	1.1047	1.1047	1.1047
Investec	1.1438	1.1571	1.188	1.1968	1.1919
JP Morgan	1.1071	1.1325	1.1325
Julius Baer	1.1528			1.143
MUFG	1.115	1.1171	1.1231
NAB	1.1311	1.1266	1.122	1.1256	1.1205
Rabobank	1.1366		1.1589		1.1607
RBC	1.1163	1.1379	1.1591	1.1798	1.2135
Societe Generale	1.0952	1.1071	1.1205	1.1325
UBS	1.1205				1.1159
UniCredit	1.1176	1.1294	1.1149	1.1136	1.1
Wells Fargo	1.1144	1.1053	1.0994	1.0936	1.1065
Westpac	1.1	1.11	1.11	1.12	1.12
Provider Name	4Q24	1Q25	2Q25	3Q25	4Q25

GBP/CHF