Each agent runs against the same data with a different theory of how exchange rates work. We aggregate them by horizon-weighted mean. If they all agreed, we'd only need one — the disagreement is the signal.
REER undervalued 5.6%, real rate diff +1.7%
Oil normalisation, FPI debt inflows expected
RBI forward book overhang, intervention fatigue
Mean reversion from +7.2% above 200WMA
Iran ceasefire, Warsh dovish pivot, IPO inflows
2020 COVID recovery analog (63/100 fit)
Crowded short-INR, Warsh more dovish than priced