Report published September 7, 2026

ING FX Talking: Global Foreign Exchange Forecast Table (September 2026)

ING · September 7, 2026

ING presents its updated foreign exchange forecasts across G10 and emerging market currency pairs against the euro and US dollar. The projections outline expected exchange rate paths across 1-month, 3-month, 6-month, and 12-month horizons.

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Finvaulta summarizes ING's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

Key Takeaways

1.ING projects EUR/USD to appreciate gradually over the forecast horizon, rising from a spot rate of 1.16 to 1.19 in 12 months.
2.USD/JPY is expected to rise from spot 155 to 159 over 1-3 months before easing back to 157 on a 12-month horizon.
3.The euro is forecast to strengthen against sterling, with EUR/GBP rising from 0.86 to 0.90 over the 12-month horizon.

FX Talking: Forecast table
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Report data

ING foreign exchange forecasts

Metric	Estimate	Context
EUR/USD 12M Forecast	1.19	EUR/USD forecast from spot 1.16 to 1.19 over 12 months
USD/JPY 12M Forecast	157.0	USD/JPY forecast from spot 155 to 157 over 12 months
EUR/GBP 12M Forecast	0.9	EUR/GBP forecast from spot 0.86 to 0.90 over 12 months
USD/TRY 12M Forecast	59.7	USD/TRY forecast from spot 48.44 to 59.70 over 12 months