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Where are currencies headed next? Where will they be in one month and where will currency pairs trade in three months?

Stability isn’t  on the cards for quite a few pairs.

Here is their view, courtesy of eFXnews:

The following are BNP Paribas’ latest forecasts (end of period) for major currencies along with its estimates for their current positioning.

Currency forecasts year end 2014 BNP Paribas EURUSD USDJPY EURCHF GBPUSD AUDUSD USDCAD

Estimated currency positioning BNPP USD NOK CAD GBP SEK JPY AUD EUR CHF NZD

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