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• Goldman Sachs discusses its new forecasts for EUR/USD.
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  “We’re revising up our 3- and 6-month EUR/USD forecasts to 1.05 (from 1.02 beforehand) to account for the latest deterioration within the US progress outlook and fewer favorable tightening combine for the Greenback,” GS notes.
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  “And, we’re sustaining our 12-month EUR/USD forecast at 1.10; we count on that still-limited financial slack and rising recession dangers lower towards extra significant Greenback draw back,” GS provides.