IncisiveFX | Exchange Rate Forecast

Provider Name	4Q24	1Q25	2Q25	3Q25	4Q25
ABN AMRO	145	142	140	138	135
Bank of America	151	152	151	149	147
Barclays	139	141	143	145	145
Capital Economics	145	143
Citi	150		140		140
Commerzbank	143	145	146	148	150
Convera	153.4	151.6	150.1	148.7	147.4
Credit Agricole	154	150	145	144	140
Danske Bank	139	136		133
Desjardin	140	138	136	134	132
Desjardins	140	138	136	136	134
Goldman Sachs	148	145		140
HSBC	142	140	138	138	138
ING	140	140	138	137	135
Investec	142	140	138	136	135
JP Morgan	146	145	144
Julius Baer	154			160
MUFG	141	139	137
NAB	143	140	137	134	131
Rabobank	145		142		140
RBC	147	149	147	143	139
Scotiabank	150	145	145	140	140
Societe Generale	135	130	127	125
UBS	145				130
UniCredit	142	141	138	137	135
Wells Fargo	148	146	144	144	145
Westpac	142	141	140	139	138
Provider Name	4Q24	1Q25	2Q25	3Q25	4Q25

USD/JPY