I bet you’re all dying to know where the fine Reuters pollsters expect the major currencies to be over the next 1, 6 & 12 months aren’t you? Well, I’m not telling you.
Alright, you win.
- GBP/USD 1.57 1m, 1.55 6m, 1.54 12m (prior 1.60, 1.59, 1.58 in Feb poll)
- USD/JPY 118 1m, 120 6m, 122.40 12m (where did they get the 0.40 from? ) ( 112.5, 114.8, 116.0 prior Nov poll)
- EUR/USD 1.24 1m, 1.20 6m, 1.18 12m (1.25, 1.22, 1.20 Nov)
- USD/CAD 1.13 1m, 1.15 6m, 1.16 12m (1.13, 1.14, 1.15 Nov)
Interest rate expectations will be driving a lot of volatility say the majority of 55 experts. Dare you question their calls?