FX Forecasts
Group Economics Macro & Financial Markets Research
Georgette Boele +31 20 629 7789 Roy Teo +65 65 978616
09 October 2015
Currency Forecasts majors Red/bold = change in forecasts
EUR/USD USD/JPY EUR/JPY GBP/USD EUR/GBP USD/CHF EUR/CHF AUD/USD EUR/AUD NZD/USD EUR/NZD USD/CAD EUR/CAD USD/SEK EUR/SEK EUR/NOK USD/NOK EUR/DKK
09-Oct 1.1254 119.78 134.80 1.5314 0.7349 0.9718 1.0937 0.7174 1.5687 0.6594 1.7066 1.3067 1.4706 8.2454 9.2787 9.2460 8.2159 7.4609
Q4 2015 1.12 122 137 1.56 0.72 0.98 1.10 0.70 1.60 0.64 1.75 1.33 1.49 8.48 9.50 9.50 8.48 7.46
Q1 2016 1.10 126 139 1.55 0.71 1.00 1.10 0.68 1.62 0.62 1.77 1.35 1.49 8.64 9.50 9.25 8.41 7.46
Q2 2016 1.05 130 137 1.50 0.70 1.07 1.12 0.66 1.59 0.6 1.75 1.37 1.44 9.05 9.50 9.00 8.57 7.46
Q3 2016 1.00 133 133 1.45 0.69 1.14 1.14 0.64 1.56 0.58 1.72 1.39 1.39 9.50 9.50 8.75 8.75 7.46
Q4 2016 1.00 135 135 1.47 0.68 1.15 1.15 0.62 1.61 0.58 1.72 1.41 1.41 9.50 9.50 8.50 8.50 7.46
Q1 2016 6.45 6.47 66 1,200 1.46 37.00 33.50 14,500 60 3.05 13.80 4.10 27.40 315 3.90 16.75 690
Q2 2016 6.50 6.53 66 1,220 1.48 37.20 33.70 14,800 55 3.00 13.60 4.05 27.25 310 3.85 16.50 680
Q3 2016 6.55 6.57 67 1,230 1.50 37.50 33.80 14,900 55 2.95 13.40 4.00 27.00 310 3.80 16.25 670
Q4 2016 6.55 6.57 67 1,240 1.50 38.00 34.00 15,000 55 2.90 13.20 4.00 26.75 310 3.75 16.00 660
Source: ABN AMRO Group Economics
Currency Forecasts major emerging markets Red/bold = change in forecast
USD/CNY (onshore) USD/CNH (of f shore) USD/INR USD/KRW USD/SGD USD/THB USD/TWD USD/IDR USD/RUB USD/TRY USD/ZAR EUR/PLN EUR/CZK EUR/HUF USD/BRL USD/MXN USD/CLP
09-Oct 6.35 6.36 65.2 1,159 1.40 35.90 32.61 13,887 63 2.95 13.49 4.24 27.50 313 3.89 16.68 679
Source: ABN AMRO Group Economics
Q4 2015 6.40 6.40 65 1,190 1.44 36.80 33.00 14,300 60 3.10 14.00 4.15 27.50 315 4.00 17.00 700
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FX Forecasts - 09 October 2015
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