Major pairs, crosses and CFD market structure — levels, positioning and the macro behind the move.
USD/THB forecast to 31 December 2026: a bull case of 34.80 and a bear case of 32.40, taken from the ECB reference rate of 33.615 baht on 12 October 2026.
NZD/CHF forecast: the 9 October ECB reference is 0.46656. A bull case at 0.4790 sits above it and a bear case at 0.4560 sits below, out to 31 December 2026.
AUD/CAD forecast: the ECB fix on 9 October 2026 was 0.99315, up 8.53% since 31 December. Bull case 1.0250, bear case 0.9480, and base 0.9700 by year-end.
