Goldman Sachs downgrades three-month EURUSD forecast to 0.9400 from 0.9700

Goldman Sachs downgrades three-month EURUSD forecast to 0.9400 from 0.9700 – by anilpanchal7 EURUSD Banks RiskAppetite Currencies

w expected the major currency pair to reach 0.9400 in the three months versus 0.9700 previous expectations.

“This matters because policymakers in other jurisdictions have not come close to matching that tone. In recent weeks, we have argued that there is a building case for policy divergence in the Dollar's favor ahead,” adds Goldman. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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