Goldman Slashes EURUSD Forecast To 1.20

Having flip-flopped from forecasting EUR strength for the next 12 months in April (target 1.40), Goldman has rapidly ratcheted down its expectations for the flailing currency to 1.30 previously and now forecasts EURUSD at 1.20 in 12 months. As Goldman notes, “because we believe the dynamics of the…

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Goldman Slashes EURUSD Forecast To 1.20

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