EUR/USD to appreciate to 1.25 in the next 12 months – Goldman Sachs
Summary
By sueyangfx.com November 09, 2020 at 08:08AM Goldman Sachs sees significant dollar depreciation in the next year The firm argues that the nominal trade-weighed dollar will see a 6% drop over the next year, pushing EUR/USD to 1.25 and USD/JPY […]
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November 09, 2020 at 08:08AM
Goldman Sachs sees significant dollar depreciation in the next year
The firm argues that the nominal trade-weighed dollar will see a 6% drop over the next year, pushing EUR/USD to 1.25 and USD/JPY to 100.00. Adding to that, they are forecasting that USD/CNY will also fall to 6.30 in the next 12 months.