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- Goldman Sachs discusses its new forecasts for EUR/USD.
“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.
“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.
