Tuesday , 26 September 2017
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Tag Archives: dollar

Goldman Sachs lowers its Euro-Dollar forecasts

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Back in January 2015, we informed you in exclusivity that Goldman Sachs forecasted EURUSD parity by 2017. This forecast was motivated by Goldman’s belief that a growth and competitiveness crisis was likely to continue in Europe, further weakening the Union currency. While the economic numbers stayed around their January levels in Europe, many external shocks have penalized the Eurozone currency. ... Read More »

Goldman Sachs forecasts Euro-Dollar parity in 2017

goldman-sachs-euro-dollar-parity-forecast

Goldman Sachs, the most respected and feared investment bank on the planet, just released a surprising forecast on the Forex market. The Forex strategists of the investment bank just made a downward revision to their EURUSD estimates to 1.14, 1.11 and 1.08 with 3, 6 and 12 months respectively (from 1.23, 1.20 and 1.15 before). But the surprise comes from ... Read More »