In this article, we are providing you with information on all the bank forecasts we know about each quarter of the currency pair EUR/USD. The predictions are until the second quarter of 2021.
TD Bank, seventh-largest U.S. bank by deposits and the 8th largest bank in the United States by total assets, is predicting that the price is going to move upward to 1.20 in the first quarter of 2021. For the second quarter of 2020, the bank expects the price to reach 1.13 USD, and in the third quarter to 1.16 USD. The last update for the forecast it was on 14.12.2019.
The Singaporean multinational banking organization headquartered in Singapore, with branches mostly found in most Southeast Asian countries –United Overseas Bank (UOB), also published its forecast. The bank predicts that by the second quarter of 2021 the price will consolidate around a price of 1.15 USD. The last update for the forecast it was on 26.104.2020.
Westpac Banking Corporation, the Australian bank, and financial services company predicted that the price of EUR/USD will be moving in downtrend from 1.15 USD and will reach 1.11 USD by the second quarter of 2021. The last update for the forecast it was on 26.104.2020.
Of the other leading banks, UnitedCredit bank’s forecast for the second quarter of 2021 is that the price will reach 1.17 USD. Scotiabank forecasts 1.18 USD, Credit Agricole, predicts 1.12 USD.
We have prepared a detailed table with all the information we have. Let’s see all the forecasts by the second quarter of 2021.
Bank | Last update | Q220 | Q320 | Q420 | Q121 | Q221 |
TD Bank | 14.12 | 1.13 | 1.16 | 1.18 | 1.2 | No data |
UOB | 26.03 | 1.11 | 1.13 | 1.15 | 1.15 | 1.15 |
Westpac | 26.03 | 1.15 | 1.14 | 1.13 | 1.12 | 1.11 |
UniCredit | 26.03 | 1.14 | 1.15 | 1.16 | 1.16 | 1.17 |
Scotiabank | 26.03 | 1.15 | 1.16 | 1.16 | 1.17 | 1.18 |
CIBC | 26.03 | 1.1 | 1.13 | 1.14 | 1.15 | 1.15 |
SEB | 26.03 | 1.1 | 1.14 | 1.15 | 1.16 | 1.16 |
NAB | 26.03 | 1.08 | 1.1 | 1.12 | 1.13 | 1.14 |
Credit Agricole | 26.03 | 1.12 | 1.14 | 1.13 | 1.12 | 1.12 |
BMO | 26.03 | 1.15 | 1.15 | – | – | 1.15 |
Average | 06.05 | 1.12 | 1.14 | 1.15 | 1.15 | 1.15 |
Highest | 06.05 | 1.15 | 1.16 | 1.18 | 1.2 | 1.18 |
Lowest | 06.05 | 1.08 | 1.1 | 1.12 | 1.12 | 1.11 |
Protect your own funds when trading EUR/USD
We hope you find this information useful, but be sure to rely entirely on your own knowledge. Before making investment decisions, first, make a detailed analysis and then act. Protect your own funds!
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