If you don’t understand something, just ask: Will the U.S. dollar exchange rate continue rising? Could it possibly reach 7.5?

If you regard Barclays as highly competent, then go long on the U.S. dollar; if you think it’s clownish, then go long on the RMB. But a three-month forward target of 7.4 feels rather far-fetched to me.

Globally renowned financial investment institutions

2. The Goldman Sachs Group, Inc. is a U.S.-based multinational investment bank and financial services corporation headquartered in Manhattan, New York City. Goldman Sachs provides investment management, securities, asset management, prime brokerage, and securities underwriting services. It ranks among the world’s largest investment institutions; it is also a primary dealer in U.S. Treasury securities and a well-known market maker in the conventional sense. Goldman Sachs owns a direct bank—Goldman Sachs Bank USA. Founded in 1869, its headquarters is located at 200 West Street in Lower Manhattan, and it maintains offices across major global financial centers. 3. Morgan Stanley (NYSE: MS), commonly known as "Morgan" or "Big Morgan," is an international financial services company founded in New York, USA. It offers services including securities, asset management, corporate mergers and restructurings, and credit cards. As of now, Morgan Stanley operates offices in over 1,300 cities across 42 countries, employs more than 60,000 people, and serves clients ranging from corporations and governments to institutions and individuals. In September 2008, Morgan Stanley changed its legal designation to a "bank holding company." 4. Bank of America (BofA or BOA) is the second-largest commercial bank in the United States by assets, trailing only JPMorgan Chase. It operates approximately 5,600 branches and 16,200 ATMs across more than 150 countries worldwide. Ranked third among U.S. companies by total revenue in 2010, Bank of America was ranked 13th globally in the 2014 Forbes Global 2000 list of the world’s largest publicly traded companies. Its origins trace back to the Massachusetts Bank, established in 1784—the second-oldest bank in the United States. 5. Citibank, N.A. (formerly known as "International Commercial Bank" in Hong Kong prior to 2002) is a retail banking subsidiary of Citigroup. Its principal predecessor was the City Bank of New York, founded on June 27, 1812. After two centuries of development and acquisitions, Citibank has become the third-largest U.S. bank by assets and a truly global institution with operations in nearly 160 countries and regions. Its global headquarters is located at 390 Greenwich Street, New York City. The abbreviation "N.A." stands for "National Association," indicating that it is chartered to operate nationwide. 6. Barclays (LSE: BARC; NYSE: BCS) is the second-largest bank in the United Kingdom, after HSBC. Barclays boasts over 300 years of history and is the oldest bank in the UK, with roots dating back to 1690. Barclays was the world’s first bank to install an ATM and issued the UK’s first credit card in 1966 and its first debit card in 1987.

Barclays Starts Coverage with USD 353 Target for Air Products Stock

Oct 13, 2026

Barclays initiated coverage on Air Products and Chemicals with an Overweight rating and $353 price target, citing Q3 fiscal 2026 revenue of $3.16 billion.

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Barclays starts coverage of Air Products stock at USD 353 target

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